update on property tax collection in Hyderabad

Q: Hi, i'm generally curious about things like property tax collection, and wanted to know the latest updates in that regard. Thanks for the interest.

Abdul Zafar, Hyderabad

9th March 2015

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To meet its targets, SCB this year is keen on recovering at least a part of the nine crore rupees that the Begumpet airport owes in property tax over the last decade. As the matter was adjudged in the High Court, SCB plans to petition the court to recover its dues.

Siddarth Mamanthur, Hyderabad

12th March 2015

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As far as i can recall, last year, SCB collected Rs. 17 crore in property tax. With complete compliance, the area can realise a revenue potential of Rs. 100 crore, which would be of great help to the growth and development of Hyderabad in my opinion.

Apsara Ivaturi, Hyderabad

11th March 2015

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Hey, i wanted to tell you that efforts to increase collections have been stepped up this year given the earning potentials the authorities have realised. During a recent board meeting, the CEO remarked that property tax compliance in SCB falls shy of 40 per cent.

Sridhar, Hyderabad

11th March 2015

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Yes, nearly 500 such applications were known to be submitted seeking clarifications and protesting against the assessment. Meetings are being held to discuss the representations and if found a fit case, the CEO has powers to make a limited tax exemption

Dhananjay, Hyderabad

11th March 2015

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Property tax rates were revised in 2014, after a gap of more than two decades. As a result, tax rates in most areas increased nearly four times. Those groused with the revision have represented to the CEO seeking lowering of taxes.

Gireesh Hegde, Hyderabad

11th March 2015

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Did you know that in order to create awareness, SCB also started making announcements through a vehicle assigned to tour its eight wards on daily basis. The CEO of SCB, Sujatha Gupta, has already announced action against defaulters.

Shiva Kuchibhottlla, Hyderabad

10th March 2015

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Let me tell you some details about the entire tax collection process. From what i know after following revaluation of property tax rates, the officials begin issuing notices. Individuals not satisfied with their assessment are now approaching them for negotiations

Kashif Mohammed, Hyderabad

10th March 2015

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Well, the tax department of SCB has netted Rs. 20 crore by pursuing taxpayers and issuing demand notices beginning with assesses whose evaluation exceeds Rs. 50,000. The SCB is targeting Rs. 26 crore from 36,000 tax-assesses this year

Ramya Janagam, Hyderabad

10th March 2015

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Hi, even i'm interested in these things. Lat time i heard, Secunderabad Cantonment Board (SCB) was inching closer to its property tax target for this financial year, as officials were pulling all stops to ensure compliance. Good news, right?

Ramakrishna, Hyderabad

9th March 2015

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