5% exemption for all types of property tax in Telangana

(Juhi Aishwary, Journalist)

Hyderabad: Amidst the coronavirus lockdown, the Telangana government has taken a major decision regarding the state. The Telangana government has issued orders to give a 5 percent exemption in property tax payments for taxpayers in both residential and non-residential category categories. Apart from this, the time of Early Bird Incentive has also been extended till 31 May.

In a tweet, MA and UD Principal Secretary Arvind Kumar said that based on representation by the Municipal Commissioners in the video conference held on 9 May, to extend the 5 percent exemption under the ‘Early Bird Scheme’ because of Coronavirus lockdown, Municipal Administration and Urban Development Minister KT Rama Rao agreed to expand. This will apply to all residential and all non-residential properties including GHMC.

According to an earlier order issued by the state government, the government has ordered exemption of 5 percent in property tax payments to taxpayers in the residential category which is subject to certain restrictions. This exemption applies to both GHMC and other municipalities. Early bird incentive has also been extended to 31 May due to the Coronavirus lockdown.

For this, officials of the Directorate of Municipal Administration (DMA) have said that the restrictions should be lifted due to special circumstances arising due to economic difficulties as a result of the lockdown. The matter was also raised in a video conference organized for the municipal administration by several Municipal Commissioners. Was, during which it was represented that due to the lockdown, it would only be appropriate that 5 percent of Rarnbhik birds are not recognized by the stimulus plan. Only in all residential properties, without a ceiling clause of Rs 30,000, but in addition to providing incentives to all, should also be extended to all non-residential properties.