By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Funds sanctioned to three corporations towards property tax dues
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Funds sanctioned to three corporations towards property tax dues

India News

Funds sanctioned to three corporations towards property tax dues

Times Desk
Last updated: May 27, 2026 6:07 pm
Times Desk
Published: May 27, 2026
Share
SHARE


The Telangana government has sanctioned ₹1,686.39 crore for settlement of long-pending property tax arrears on government properties falling under the limits of the Greater Hyderabad Municipal Corporation (GHMC), Cyberabad Municipal Corporation (CMC) and Malkajgiri Municipal Corporation (MMC) through a One Time Settlement (OTS) scheme. 

The sanction was issued by the Metropolitan Area and Urban Development (MA&UD) Department on Wednesday. The order follows an earlier government decision approving the implementation of the OTS scheme for the 2026–27 financial year, offering a 100% waiver on accumulated interest and penalties on outstanding property tax dues relating to government properties. 

Under the scheme, the government will clear the arrears through appropriate instalments within one year to the municipal corporations concerned. The Finance Department had already issued budget release orders for the amount on May 26 in relaxation of treasury control and quarterly regulation orders. 

Of the total sanctioned amount, ₹1,585.41 crore has been allocated to GHMC, ₹24.87 crore to CMC and ₹76.11 crore to MMC towards settlement of property tax arrears.

Published – May 27, 2026 11:37 pm IST



Source link

‘Will prove our innocence’: T.N. Minister Nehru on ED’s claim of malpractices in his department
DMK, Congress have betrayed women and the country: A.P. CM
President Putin to attend BRICS summit in New Delhi on September 12-13: Kremlin aide
K. Annamalal’s roadshow energises NDA campaign in Kannur
Police intensify probe into sexual assault at Kattakada bus station in Kerala, suspect still at large
TAGGED:Cyberabad Municipal CorporationFinance departmentGreater Hyderabad Municipal CorporationMalkajgiri Municipal CorporationMetropolitan Area and Urban Development Departmentproperty tax dues
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Karur TVK secretary booked over stampede at Vijay’s rally

Times Desk
Times Desk
September 27, 2025
Seventh train to boost metro frequency on Yellow Line from January 15
Schools up to Class 8 to remain shut for three days amid ‘orange’ alert for dense fog in U.P.’s Bareilly
Karnataka Budget 2026: Navali Balancing Reservoir mentioned, but project remains on paper
Two from MP held for stealing valuables worth ₹20.30 lakh
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?