Visakhapatnam Tax Break: GVMC Eases Financial Burdens

Lilu Dhruw
2 Min Read
Visakhapatnam Tax Break: GVMC Eases Financial Burdens

Great news for taxpayers in Visakhapatnam! The Greater Visakhapatnam Municipal Corporation (GVMC) has announced a welcome relief by waiving interest on property and vacant land taxes for the financial year 2023-24. This decision, highlighted in a press note by GVMC Commissioner C.M. Saikanth Varma, aims to ease the burden of interest charges and provide significant financial relief to taxpayers.

To benefit from this waiver, property owners and taxpayers must ensure they clear their total tax dues for the year by March 31, 2024. Commissioner Varma urged residents to take advantage of this opportunity and stressed the importance of promptly settling their tax dues.

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The GVMC has also introduced convenient payment options to facilitate tax payments. Taxpayers can choose from multiple payment methods, including cash, debit/credit cards, and UPI. Payment locations are available at ward secretariats and bank branches for easy access.

Moreover, the GVMC has extended the operating hours of its facility centers to assist taxpayers. The main office and zonal centers will be open from 8 am to 8 pm, including Sundays and general holidays, until March 31. This extended timing aims to provide taxpayers with ample opportunity to clear their dues conveniently.

For further information and assistance, taxpayers can contact GVMC authorities who are readily available to address any queries or concerns.

Overall, the waiver of interest on property and vacant land taxes coupled with convenient payment options demonstrates the GVMC’s commitment to providing relief to taxpayers in Visakhapatnam. It is a positive step towards easing financial burdens and ensuring a smoother tax payment process for residents of the city.

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Hi, my name is Lilu, I am a content writer specializing in the topics of Automobiles, Travel, News, Bollywood and Technology
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