Hyderabad: On Saturday, the Telangana government announced a Diwali gift for property taxpayers in the GHMC border and in 140 municipalities across the province.
In Greater Hyderabad, 50% property tax exemption has been given to those who pay up to Rs 15,000 to domestic property owners in the financial year 2020-2021.
If the owners of this group have already paid the full tax, the 50% relief will be replaced in the next financial year.
This will benefit more than 1.3 million owners within the limits of Greater Hyderabad.
In the other jurisdiction of the state, owners are allowed to pay 50% of the property tax. This relief will be valid for those who pay property tax up to Rs 10,000. (Inn)