Domestic property owners in Greater Hyderabad have been granted 50 percent property tax exemption for those who pay up to Rs 15,000 in the fiscal year 2020-2021 .
If the full tax has already been charged by the owners in this group, the 50 per cent relief will be changed in the next financial year.
More than 13 lakh owners would benefit from this within the limits of Greater Hyderabad.
Owners are allowed to pay 50 per cent of the property tax in other jurisdictions in the state. For those who pay up to Rs 10,000 annual property tax, this relief would be valid. (INN)