Hyderabad: As an incentive to encourage people to switch over to cashless transaction, GHMC commissioner B Janardhan Reddy announced cash prizes worth 5 lakh per week for those making cash payment of property tax, trade license fee and other fees under GHMC limits.
From among the persons making cashless tax payments during December, 7 to 11, prize winners will be selected through lots. Winner of 1st prize will be given 50 thousand, while the winner of 2nd prize will be given 20 thousand, two persons will be given prizes of 10 thousand each and 8 persons will be given prizes of 2500 each.
Presently, only 12 per cent people pay their taxes online and the GHMC wanted to increase this percentage to 70 to 80 by next year by initiating various measures.