Ghmc property tax

The Greater Hyderabad Municipal Corporation (GHMC) has recently launched the Early Bird Scheme for the financial year 2023-24, which offers a 5% rebate on property tax. The scheme will end on April 30, and the rebate will only apply to the current year's tax and not on arrears. Those who wish to avail of the scheme can pay their On the last day of the financial year, March 31, the GHMC collected INR 77.90 crore in property tax, breaking its record for property tax collection with a total collection of INR 1,681.72 crore. The civic body kept its Citizen Service Centres open until 11 pm on Friday and had bill collectors visiting properties throughout the day to collect tax. Most property owners chose to pay their taxes online, with over 7.73 lakh paying online and 1.31 lakh paying through Mee Seva. Bill collectors collected tax from 3.05 lakh properties, and 1.43 lakh persons paid in person by visiting GHMC Citizen Service Centres. ... The GHMC received the highest tax collection from the Serilingampally circle at INR 220.12 crore, followed by Jubilee Hills circle at INR 170.13 crore and Khairatabad circle at INR 135.42 crore. To increase revenue, the GHMC took measures such as identifying property tax defaulters in advance and sending them notices, setting circle-wise targets, and special drives by pressing bill collectors into service. Unlike in 2019-20 and 2020-21, when many businesses were still recovering from losses incurred due to the COVID-19 pandemic, in 2022-23, ma...

• Go to the GHMC website ( • Click on the “e-Services” tab • Click on the “Pay Property Tax” option • Enter your property identification number (PID) and the captcha code • Click on the “Proceed” button • The property tax assessment details will be displayed. Review the details and click on the “Proceed” button • Select the payment mode (credit card, debit card, net banking, or UPI) and enter the required details • Click on the “Pay Now” button • Review the payment details and click on the “Confirm” button • Download and print the receipt for your records Alternatively, you can also pay property taxes by visiting the nearest GHMC office in person and submitting the required fees and documents. Note: The process for paying property taxes may vary slightly depending on the specific municipality in Telangana. It is advisable to check the exact process and requirements on the GHMC website or by contacting the municipal office directly.

GHMC Property Tax Payment: Property tax is an essential component of local government revenue, and it is vital to understand how it works. If you own a property in the Greater Hyderabad Municipal Corporation (GHMC) area. You must pay property tax to the local government. However, many property owners are unaware of the process and end up paying more than they should or missing the deadline. That’s where this guide comes in handy. This article will walk you through the steps to calculate and pay property tax in GHMC. We will cover everything from property tax basics to the documents required and the online payment process. By the end of this guide, you will clearly understand how property tax works in GHMC and how to ensure you pay the correct amount on time. So, let’s get started! How To Make GHMC Property Tax Payment Using GHMC.Gov.In Portal? The property tax service provides a digital interface, allowing citizens to search and download property bills, make payments online, and download the payment receipt. The following are the steps to learn how to pay property tax online in GHMC. • To begin with, citizens should navigate to the Greater Hyderabad Municipal Corporation, Government of Telangana website, which is https://ghmc.gov.in/ • Upon arriving at the homepage, they must select the ‘Online Payments’ tab and click the ‘Property Tax’ option. • This will open a new page, where the user must enter their PTIN (Property Tax Identification Number) and registered mobile numbe...

Property tax is an annual sum that a property owner pays to the government annually or semi-annually. The local authority or municipal corporation of an area evaluates and levies the property tax. GHMC (Greater Hyderabad Municipal Corporation) collect property tax from property owners in Hyderabad. The collected sum is utilised for social improvements like the construction and maintenance of roads, hospitals, schools, parks, etc. Read on to know what is GHMC property tax , tax calculation, online payment, due dates, the penalty for non-payment and conditions when tax is exempted. What is GHMC Property Tax? GHMC (Greater Hyderabad Municipal Corporation) is a local government body responsible for levying and collecting taxes on the property. If you are residing or owning a property in Telangana, GHMC is responsible for collecting property tax. You can pay GHMC property tax twice a year. How to Calculate GHMC Property Tax? To understand GHMC property tax calculation, you need to have a clear idea of each of these parameters: 1. Plinth area Plinth area means total built-up area, including balconies, corridors, garages, etc. 2. Gross annual rental value GARV uses the following formula for calculation: Plinth area x MRV (monthly rental value) in Rs. per sq. ft. x 12 Now, there are two different formulae for residential and commercial property tax. Residential property tax calculation uses the following formula: GARV x (Slab rate – 10% Depreciation) x 8% library Commercial proper...

Greater Hyderabad Municipal Corporation (GHMC) is the local administrative body in charge of property tax collection in Hyderabad. The GHMC collects property tax from all property owners in Hyderabad, on an annual basis and utilizes the amount for providing and maintaining the civic amenities in Hyderabad. • • Hyderabad Property Tax Concession Updated On 26 November, 2020 In view of the COVID pandemic, the Government of Telangana has issued an order dated 14.11.2020 granting a one-time waiver of 50% of Property Tax for the financial year 2020-2021. This one-time, 50% concession in Hyderabad Property Tax is available to only residential properties. For residential properties under GHMC, the Hyderabad Property Tax reduction will apply if the annual property tax assessment is upto Rs.15,000/-. If you have already paid the full amount of your property tax 2020-2021, you will be able to adjust the waived 50% amount against the Property Tax payable to GHMC next year. A. The following exemptions/ concessions are given by GHMC for Hyderabad property tax: 1) 100% tax exemption is available for: · public places of worship · recognized educational institutions · property owned by a former military personnel · property with monthly rental value upto Rs.50 2) Concession of 50% on tax payable as “vacancy remission” is available for vacant premises, subject to inspection and report by the tax inspector. 3) The Government of Telangana has issued a one-time concession of 50% of Hyderabad P...

Table of Contents • • • • • • • • • • • • • • • • • • • • GHMC property tax payment Property owners in Hyderabad pay property tax to the Greater Hyderabad Municipal Corporation (GHMC). All property owners in Hyderabad are legally obliged to make the GHMC property tax payment once a year, unless they enjoy GHMC property tax exemption, because they belong to a specific category of owners. Discussed in this article are aspects such as GHMC property tax online payment, See also: All about the See also: Know how to do GHMC property tax: Calculation To calculate GHMC property tax, the GHMC uses the annual rental system for calculation of property tax on residential, as well as commercial buildings. Even if the building is not actually earning any rent, the municipal body levies property tax, based on its potential to generate rent. Depending on the value attached to the property, a specific tax rate is applied. To find out the annual rental value of your property, you could use the GHMC property tax calculator online. See also: All about the GHMC property tax: Rates Monthly rental value of property Tax rate* Rs 50 Nil Rs 51-100 17% Rs 101-200 19% Rs 201-300 22% More than Rs 300 30% *Rates are inclusive of lighting, drainage and conservancy tax. See also: All about How to calculate GHMC property tax? The GHMC conducts surveys of every area under its purview and fixes a monthly rent on the plinth area per sq ft. Plinth area is the entire built-up area of your building, including b...