1/8/2024 0 Comments Flat tax ap gov![]() The GVMC also sends a notice to the owners to renovate the structure if it isn’t sound. ![]() March 2023: The Greater Visakhapatnam Municipal Corporation (GVMC) has been on a yearly spree to identify unsafe buildings. Greater Visakhapatnam Municipal Corporation (GVMC) Issues Notices to Owners of Unsafe Buildings By paying taxes, people will become an integral part of the development of the city.” GVMC mayor G Hari Venkata Kumari said, “people of Visakhapatnam utilised the tax waiver declared by the state government and paid their taxes and dues on time. GVMC’s commissioner praised the efforts of GVMV revenue wing which helped in attaining the targets. Since 2021-22 property tax is being levied on the basis of market value of the property, earlier it was calculated on the basis of rental value of the property. The government announced a waiver of interest for defaulters which helped in collecting more property tax. ![]() This year GVMC property tax collection is nearly Rs 100 crore more when compared to last year’s collection. The target given for 2023 fiscal was Rs 375 crore. The authority has overachieved in tax collection. Vizag Civic Body Collects Property Tax Worth Rs 421 CroreĪpril 3, 2023: In the financial year 2022-23, GVMC (Greater Visakhapatnam Municipal Corporation) property tax collection stood at Rs 421.5 crore. Latest News: Andhra Pradesh Property Tax (April 2023)
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