GHMC exempting Property Tax of residential building occupied by the owner Annual Rental Value 1


Government Of Telangana State orders were issued for amendment of subsection (1) of Section 202 (A), for exemption of Property Tax of any residential building occupied by the owner, 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.

Subsequently, the Commissioner & Special Officer, GHMC has requested the Government to authorize him for implementing the orders issued in reference GHMC exempting Property Tax.

After careful examination, the Government hereby authorize the GHMC exempting Property Tax Commissioner & Special Officer, Greater Hyderabad Municipal Corporation for exemption of Property Tax under the provisions of subsection (1) of Section 202 (A) of the GHMC Act, 1955, of any residential building occupied by the owner, wherein the Annual Rental Value does not exceed Rs 4,100/- (i.e. Rs 1200/- 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.

The Commissioner & Special Officer, GHMC is further informed that the Government will not compensate for the above exemption of Property Tax.

This order issues with the concurrence of the Special Chief Secretary (Finance).

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELAGANA)

MA & UD Deptt – Greater Hyderabad Municipal Corporation – Authorising the Commissioner & Special Officer, GHMC for exempting Property Tax of any residential building occupied by the owner, wherein the Annual Rental Value does not exceed Rs 4100/- (i.e. Rs 1200/- Property Tax per annum) – Orders – Issued.

GHMC exempting Property Tax MUNICIPAL ADMINISTRATION & URBAN DEVELOPMENT (A2) DEPARTMENT

G.O.Ms.No.   Dated: 05.01.2016

                                                                                                  Read the following:-

  1. O.Ms.No. 208 MA & UD (A2) Deptt Dt: 31.12.2015

From the Commissioner & SO, GHMC Letter No.634/CTS/2015 Dt: 31.12.2015

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.


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