Telangana announces one-time scheme for property tax defaulters
Hyderabad/UNI: The Telangana government on Tuesday announced a one-time scheme for property tax defaulters in the state that allows waiver of 90 per cent of accumulated arrears of the interest component on property tax if it is cleared in one go.
As per the scheme, those who have to pay property tax dues with interest need to pay just 10 per cent of their accumulated interest along with principal amount up to 2019-20 financial year.
The scheme, valid only for non-government properties, in all urban local bodies, including Greater Hyderabad Municipal Corporation (GHMC).
The scheme will begin on Aug 1 and close on Sept 15.
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