Fri, Aug 26, 2016, 08:00 AM
IT and Municipal Minister K Taraka Rama Rao held a workshop with the GHMC officials in Hyderabad. It was decided in the meeting to increase property tax by five per cent every year just like in Bengaluru. It was also decided to rationalise property tax. The rationalisation of property tax was done in Hyderabad in 2002. The GHMC wants to utilise the funds for the development of Hyderabad. The GHMC Mayor Bonthu Rammohan was also present.