April 9, 2024: The Greater Visakhapatnam Municipal Corporation (GVMC) has launched a concessional scheme for property and vacant land tax for the financial year 2024-2025 (FY25). Taxpayers who settle their dues in full before April 30 will enjoy a 5% discount under the early bird offer. This initiative aims to incentivise prompt payments and provide financial relief to taxpayers.
See also: GVMC property tax: A guide to paying taxes
For those not utilising the offer, there is an additional two-month window to pay tax for the first half of the year without incurring interest. To streamline tax payments, the convenience centre at GVMC headquarters and all zonal offices will operate from 9 AM to 8 PM, including Sundays and public holidays.
Taxpayers can conveniently settle their property and vacant land tax online via gvmc.gov.in – property tax – Bharat QR code. Personal payments can also be made in cash, through Demand Draft (DD), or via debit card at designated locations including the GVMC Convenience Centre, IDBI Siripuram branch, ICICI Dwarka Nagar branch, Punjab National Bank Madhurawada branch, and Axis Bank Ramanagar branches.
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