Telangana grants partial tax relief to SVK Gachibowli
Hyderabad, July 10 -- The Telangana government has approved a partial property tax exemption for Sarvodaya Vidyalaya Kendra (SVK) in Gachibowli, directing the Greater Hyderabad Municipal Corporation (GHMC) to extend the benefit only to the portions of the premises used for non-commercial purposes.
In an order issued by Special Chief Secretary Jayesh Ranjan, the government instructed GHMC Commissioner RV Karnan to grant the exemption under Section 202 of the GHMC Act, 1955, strictly for areas utilised for non-commercial activities.
A report by DC stated that the government clarified that any portion of the premises being used for commercial purposes would continue to attract property tax in accordance with the provisions of the GHMC Act ...
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