GHMC Offers 5 Percent Early Bird Property Tax Rebate
Hyderabad, April 1 (Maxim News): The Greater Hyderabad Municipal Corporation (GHMC) is providing a five per cent property tax rebate tax 2025-26.
According to GHMC officials, as per section 264(2) of GHMC Act 1955, following the addition of new sub-Section (3), a rebate of five percent of property tax shall be given in respect of assessment where property tax for the entire current financial year is paid before April 30 notwithstanding serving of bill or demand notice.
The GHMC introduced the early bird rebate scheme to benefit tax-payers to make payment in April and avail 5 per cent rebate given by the government.
The tax-payers can pay from April 1, 2025, onwards, The scheme is applicable for tax for financial year 2025-26. It is not applicable on arrears accumulating from the previous year. (Maxim News)
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