Telangana One Time Scheme 2024: Apply for 90% Property Interest Waive

Telangana One Time Scheme 2024 was launched by the Telangana state government. To help all the citizens of Telangana state who have pending property tax in the Telangana state the Telangana state government announced the launch of Telangana One Time Scheme 2024. This One Time Scheme 2024 will provide 90% waived on the property tax interest arrears in Greater Hyderabad Municipal Corporation (GHMC) and other urban local bodies across the State. The selected applicants under the scheme can save up to 90% of their property tax interest laid upon them and they can pay the remaining 10% in a one-time payment.

About Telangana One Time Scheme

The Telangana state government launched the Telangana One Time Scheme to clear all the pending property tax in the Telangana state. Under the OTS the government ordered a waiver of 90 percent on accumulated arrears interest on property tax, provided taxpayers clear the principal amount of dues till the financial year 2022-2023 together with 10 percent of interest at one go. The OTS applies to private and government properties. The scheme is also applicable to all taxpayers who had already paid the entire property tax dues including interest and penalties up to March 2023, before the scheme was announced.

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The objective of the Telangana One-Time Scheme

The main objective of launching the scheme is to recover all the pending tax amounts under the property tax by all the Urban Local Bodies (ULBs) across the state. To recover all the pending property tax in the Telangana state the Telangana state government will offer a 90% waiver to the taxpayer who has a property tax interest arrear. All the property taxpayer in the Telangana state can pay the remaining 10% of their property tax in a one-time payment. All the applicants who clear the eligibility criteria must fill out the application form on the official website to avail the benefits of this scheme.

Key Highlights of the Telangana One Time Scheme

Eligibility Criteria

• The applicant must be a permanent resident of Telangana state.
• The applicant must have spending property tax in the Telangana state.

Benefits of the One Time Scheme

• The selected applicants under the scheme will get 90% interest on property tax waived by the state government.
• The applicants only have to pay the principal amount of the property tax with the help of this scheme.
• The government can recover all the pending property tax in the Telangana state by this scheme.
• The taxpayers will get a chance to pay the property tax interest remaining 10% in this amount on a one-time payment.
• This scheme also extends to taxpayers who have already paid their entire property tax dues, including interest/penalties up to March 2023.

Also Read: IGRS Telangana 

Required Documents

• Aadhar card
• Residence certificate
• Passport size photograph
• Mobile number
• Email ID
• Birth certificate

Features of Telangana One Time Scheme

• The Telangana state government announced the launch of the Telangana One Time Scheme 2024 for all the property taxpayers in the Telangana state.
• Under the scheme 2024, the Telangana state government will provide a 90% waiver of property tax interest to all taxpayers.
• The taxpayers can pay the remaining 10% of the amount in a one-time payment.
• The scheme also extends to taxpayers who have already paid their entire property tax dues, including interest/penalties up to March 2023.

Telangana One Time Scheme Apply Online

• To apply for the Telangana One Time Scheme the applicant can go to the official website.
• On the home page click on the option Apply Here.
• A new page will appear on your screen.
• Enter all the details that are asked and attach all the necessary documents.
• Click on the option Submit to complete your process.

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