GHMC to utilise TSTS services to increase its revenue collection

HYDERABAD: Realising that about 15 to 20 percent of properties and over 25-30 percent of trade licenses for shopping establishments in Greater Hyderabad Municipal Corporation limits are either unassessed or under assessed, GHMC has drawn plans to bring all unassessed or under assessed properties into property tax fold and make sure traders have trade licenses to increase its revenues.

For this purpose, GHMC has decided to utilise services of Telangana State Technology Services Limited (TSTS) for widening and deepening of property tax and trade license fee using Property 360 solution. The proposed integrated approach of property 360 solution on a very large data is a first-of-its-kind. The GHMC Standing Committee has approved the proposal. 

The methodology which will be adopted by TSTS to implement the project include development and implementation of property 360 application to identify all unique addresses in the state. TSTS would implement the project working with third party agencies who have all these infrastructure and capabilities most importantly the state of art IT technology to process large volume of addresses. 
The TSTS would manage the whole exercise and would not be involved in collection of tax.