Unexpected Tax Bills
Many property taxpayers in Hyderabad are receiving fresh tax claims, even after paying taxes earlier this year. This is due to the Greater Hyderabad Municipal Corporation (GHMC) conducting property reassessments in certain areas.
Reassessment Process
GHMC has deployed bill collectors to measure properties and re-evaluate property tax. This process aims to update the database with revised rates, leading to increased tax claims for some residents.
Complaints from Residents
Residents in Serilingampally, Secunderabad, Kukatpally, and Chandanagar circles have complained about receiving multiple property tax demands. Even those who paid under the ‘early bird’ scheme are facing arrears and penal interest.
Previous Reassessments
The GHMC has been conducting property reassessments periodically, with the last major reassessment occurring in the core city areas around three decades ago.
Factors Affecting Tax Increase
The reassessment process involves identifying additional floors, re-measuring plinth areas, and reviewing property usage categories. Property owners who were paying a nominal tax of Rs 101 per annum may now be required to pay more due to changes in property value or usage.
Addressing Under-Assessment
GHMC officials are also addressing cases where property owners have under-estimated property values to avoid higher taxes. This practice has been prevalent for years and has negatively impacted the GHMC’s revenue.
The GHMC’s reassessment efforts aim to ensure accurate property tax calculations and generate additional revenue for the city. However, the process has caused inconvenience to many property taxpayers.
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