Early bird scheme drives surge in property tax collections across Telangana
Property tax collections in municipal areas outside Telangana's core capital region rose by 15.11% due to a 5% early payment rebate, generating ₹47.95 crore in the current month. Total collections for April reached ₹252 crore, up from ₹204.5 crore during the same period last year, against a demand of ₹1,667.75 crore. The increase is attributed to extensive publicity, administrative monitoring, and timely taxpayer alerts.
- ▪Property tax collections outside Telangana's core capital region increased by 15.11% under the early bird scheme.
- ▪The early bird scheme offered a 5% rebate, contributing to ₹47.95 crore in collections this month.
- ▪Cumulative property tax collections for April reached ₹252 crore, compared to ₹204.5 crore collected in the same period last year.
- ▪The rise in collections is credited to widespread publicity, multi-level monitoring, and regular taxpayer alerts.
- ▪The total property tax demand across the region stands at ₹1,667.75 crore.
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Property tax collections in municipal bodies outside the core capital region of Telangana have recorded a 15.11% increase under the 5% rebate offered through the early bird scheme, generating ₹47.95 crore this month, according to Commissioner and Director of Municipal Administration T.K. Sreedevi.In a statement issued on Thursday, she said cumulative collections for April stood at ₹252 crore, compared to ₹204.5 crore collected during the same period last year, against a total demand of ₹1,667.75 crore. She attributed the increase to wide publicity for the scheme, close monitoring at multiple administrative levels, and regular alerts sent to taxpayers encouraging timely payments.
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