Tag: Property tax in Guntur

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Guntur Civic Body Waives Uncollectable Property Tax Arrears

GUNTUR: The Guntur Municipal Corporation (GMC) has eliminated ₹33.62 crore in ‘uncollectable’ property tax arrears as part of its initial phase, addressing a total of over ₹80 crore in long-standing demands. Property and vacant land taxes are vital for GMC, generating an approximate annual revenue of ₹300 crore. Yet, collection rates have historically remained at 50-60%, primarily due to staff oversight and accumulating uncollectable amounts. “We conducted a comprehensive review of the outstanding dues and determined that certain assessments could be waived following due diligence. Every record will be made public, as the council has approved this proposal. This initiative…

Latest StoriesRegulatory

Guntur to Cut Water Supply for Tax Evaders’ Properties

GUNTUR: In an effort to achieve 100% tax compliance, the Guntur Municipal Corporation (GMC) is set to disconnect drinking water taps and drainage services for both residential and commercial properties. Commissioner Puli Srinivasulu has instructed officials to cut civic amenities for those who have long-standing dues for property tax, vacant land tax, metered water charges, and tap fees. Furthermore, he plans to hold all senior officials, including deputy commissioners, accountable for revenue generation. He expressed frustration over the ‘zero percent’ daily collection performance from several ward secretariats, especially now that the financial year is well underway. He emphasized that continued…