GHMC Property Tax Reduced GO 208
GHMC Property Tax Reduced Go 208 issued online on 31.12.2015. GHMC Property Tax Reduced GO 208 issued to reduce property tax from Rs.1200 to Rs.101. TS Govt has issued GHMC Tax reduction GO.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 Greater Hyderabad Municipal Corporation Property Tax Reduced GO 208 dated 31.12.215. The details are
GHMC GO MS No 208 for Property Tax:
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.
(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. Rs 1,200/- 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”.
Download GHMC Property Tax Reduced GO 208:
This GHMC Property Tax Reduced GO 208 Dated 31.12.2015 is available at http://goir.telangana.gov.in and also can download here for detailed information about GHMC Property Tax Reduced from Rs.1200 to Rs.101.
GHMC Property Tax GO 208 dated 31.12.2015 GHMC website