Hyderabad: TDP floor leader in GHMC Singi Reddy Srinivas Reddy on Wednesday demanded that the Greater Hyderabad Municipal Corporation restrain from increasing the property tax by five percent.
In a representation made to the Chief Minister Mr. N.Kiran Kumar Reddy, the TDP leader said the residents of GHMC were already suffering from G.O.Ms.No.88 relevant to hike of property tax from 1st April and penalty of 200 per cent on property tax. Hike in the property tax would burden the common man further. He said the GHMC residents are facing lot of problems due to continuous bandhs, agitations or dharnas and therefore, it would not be possible for them to pay additional tax.
Mr. Singi Reddy asked as to why the scientific method of property tax was not being implemented in the GHMC. He said the government has to supplement the GHMC till it achieves financial stability by giving an immediate package of Rs. 1,000 crore. (INN)