GHMC gets nod to collect profession tax
Hyderabad, August 26: The Greater Hyderabad Municipal Corporation will start collecting professional tax, after chief minister N Kiran Kumar Reddy gave green signal for transferring of rights to the GHMC from the Commercial Taxes department on Thursday.
Presently, the Commercial Taxes department is collecting professional tax.
As per the government norms, 95 percent of tax collections have to be transferred to local bodies.