15% of Property Tax (Excluding Library Cess) to HMWS&SB


Orders were issued to the Commissioner & Special Officer, Greater Hyderabad Municipal Corporation, Hyderabad to levy various components of property tax at 30% of Annual Rental Value (ARV) in respect of residential buildings above Rs. 3,600/- ARV and non-residential buildings duly providing for levy of Water Tax at 7.5% of ARV on buildings and lands to take effect from 01.04.2009 and proportionately reduce rate of general tax, conservancy tax, lighting tax and drainage tax at a total of 22.5%, so as to limit the rate of property tax to 30% of ARV of buildings and lands and further to levy various components of property tax ranging from 17% to 22% of ARV in respect of residential buildings, with ARV of Rs 3,600/- and below duly providing for levy of water tax of 7.5% of ARV on buildings and land and proportionately reduce the other components of property tax. This Water Tax so levied was ordered to be transferred once in a month to Hyderabad Metropolitan Water Supply and Sewerage Board, Hyderabad by 10th of succeeding month for maintenance of water supply and operate it through Escrow Account to be opened for this purpose.

2. In Resolution No.126 Dated: 18.11.2015, the Standing Committee, Greater Hyderabad Municipal Corporation has recommended to the Government through the Corporation for according approval for releasing 15% of Property Tax (excluding Library Cess) of Greater Hyderabad Municipal Corporation, Hyderabad payable to Hyderabad Metropolitan Water Supply & Sewerage Board, Hyderabad from the financial year 2015-16, duly deducting 15% collection charges duly monitoring and reconciliation shall be done in the month of April for the previous year and excess amount will be adjusted in the next year payment. Similarly, in Resolution No.80, Dated: 18.11.2015, the Corporation, GHMC considered the above Resolution of the Standing Committee. Subsequently, the Commissioner & Special Officer, Greater Hyderabad Municipal Corporation has requested the Government to issue necessary orders in the matter.

3. After careful examination of the matter and in modification to the orders issued in the reference 1st read above and in exercise of the powers conferred by Section 679-E of the GHMC Act, 1955 (Telangana Adaptation Order) 2015, the Government hereby direct the Commissioner & Special Officer, Greater Hyderabad Municipal Corporation, Hyderabad to release 15% of Property Tax (excluding Library Cess) to Hyderabad Metropolitan Water Supply & Sewerage Board, Hyderabad from the financial year 2015-16 duly deducting 15% towards collection charges. Greater Hyderabad Municipal Corporation shall also monitor and reconcile the accounts in the month of April for the previous year and adjust the excess amount if any, in the next year payment.

4. The Commissioner & Special Officer, Greater Hyderabad Municipal Corporation, Hyderabad shall take necessary action in the matter accordingly.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)
MA&UD Department – GHMC – Releasing 15% of Property Tax (Excluding Library Cess) to HMWS&SB from the financial year 2015-16 – Orders – Issued. MUNICIPAL ADMINISTRATION & URBAN DEVELOPMENT (A) DEPARTMENT G.O.Ms Dated: 20.11.2015

Read the following:
1. G.O.Ms.No.461, MA&UD (TC) Department, Dated: 16.07.2009.
2. Commissioner & Special Officer, GHMC Lr No CT1/CTS/2015, Dated: 18.11.2015.

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