Hyderabad: GHMC collects over Rs. 2000 cr in property tax for first time in history

Meanwhile, the GHMC informed that under Early Bird Scheme, property tax payers can pay the tax in April and avail 5 per cent rebate given by the government

Hyderabad: As part of collection drive during the Financial Year 2024-25, the Greater Hyderabad Municipal Corporation (GHMC) has been able to collect property tax of more than Rs. 2012.36 crores (as on 6 pm) for the first time in the history of the Corporation.

After issuance of One Time Scheme by the government, an amount of Rs. 465.07 crores was collected from March 8 till March 31 (as on 6 pm), a press release said.

Meanwhile, the GHMC informed that under Early Bird Scheme, property tax payers can pay the tax in April and avail 5 per cent rebate given by the government. The property tax can be paid from April 1 onwards as the Early Bird Scheme is applicable for the property tax for the Financial Year 2025-26. It is not applicable on arrears accumulating from previous years.