GHMC Property Tax Reduced from Rs.1200 to Rs.101

GHMC Property Tax Reduced from Rs.1200 to Rs.101

GHMC Property Tax Reduced from Rs.1200 to Rs.101. TS Govt has issued G.O.MS.No.208 Dated 31.12.2015 for the reduction of GHMC Property Tax from Rs.1200 to Rs.101. Municipal Administration and Urban development Department has issued this G.O.MS.No.208 regarding GHMC (Greater Hyderabad Municipal Corporation) Property Tax reduction.

G.O.MS.No. 208 Dated 31.12.2015

Read the following:-
1. The Andhra Pradesh Reorganisation Act, 2014 (Central Act No.6 of 2014)
2. G.O.Ms.No. 134 MA & UD (F) Deptt Dt: 13.10.2015
3. from the Commissioner & SO, GHMC, Hyderabad Letter No.634/CT1/CTS/15 Dt:24.11.2015




ORDER
1. In the G.O 2nd read above, orders were issued for adopting the Greater Hyderabad Municipal Corporation Act, 1955, for the purpose of facilitating their application in relation to the State of Telangana, in exercise of the powers conferred by Section 101 of AP Reorganization Act, 2014 (Central Act.No.6 of 2014).
2. In reference 3rd read above, proposals were received by the Government for certain amendments to the Greater Hyderabad Municipal Corporation Act, 1955 (Telangana Adaptation Order), 2015.
3. And whereas, it has become necessary to amend the Greater Hyderabad Municipal Corporation Act, 1955 and the rules made there under for the purpose of facilitating their application in relation to the State of Telangana;
4. Now, therefore, Government have decided to amend the Greater Hyderabad Municipal Corporation Act, 1955 suitably.
5. Accordingly, the following notification shall be published in Extraordinary issue of the Telangana Gazette: Dated: 02-01-2016




NOTIFICATION
In exercise of the powers conferred by section 101 of the Andhra Pradesh Reorganization Act, 2014 (Central Act No.6 of 2014), the Government of Telangana hereby makes the following amendments to the Greater Hyderabad Municipal Corporation Act, 1955:-
AMENDMENT
In the said Act,-
(1) In Section 124, in clause (c), for the words “Fifty lakhs”; the words “Two crore” shall be substituted.
(2) In Section 124-A, for the words “Exceeding rupees fifty lakhs but not exceeding rupees two hundred lakhs” the word “Exceeding rupees two crore but not exceeding rupees three crores” shall be substituted.
(3) In Section 129,-
i. in clause (b), for the word “Exceeding rupees two hundred lakhs but not exceeding rupees five hundred lakhs”; the word “Exceeding rupees three crores but not exceeding rupees six crores” shall be substituted.
ii. in clause (c), for the word “Exceeds five hundred lakhs”; the word “Exceeds rupees six crores” shall be substituted




GHMC Property Tax Reduced from Rs.1200 to Rs.101

(4) In section 202 A, for subsection (1), the following shall be substituted namely :-

(1) “The Government may exempt any residential building occupied by the owner from the property tax where the Annual Rental Value does not exceed Rs 4,100/- (i.e. Rs1,200/- Property Tax per annum) subject to condition that the beneficiaries of exemption shall pay a nominal amount of Rs. 101/- per annum towards property tax”.

This G.O.MS.No.208 Dated 31.12.2015 is available at http://goir.telangana.gov.in

Download G.O.MS.No.208 Dated 31.12.2015 for detailed information about GHMC Property Tax Reduced from Rs.1200 to Rs.101.