The Telangana State government on Friday issued orders waiving interest on arrears and current year dues on property tax.
The Municipal Administration and Urban Development (MA&UD) Department vide GO no. 42 waived the interest on arrears and property tax dues for the year 2014-15 as one time measure in the municipalities and corporations, including the GHMC. This provision applies if the total arrears and current year property tax were paid before March 31. According to the orders, the interest on arrears already paid would be adjusted towards the future property tax payments and no cash refunds made.