The Hindu 25.05.2018
Hospitals may get property tax exemption
Govt. to issue a GO in this regard
Municipal Administration Minister K.T. Rama Rao on Thursday hinted that the TRS Government would issue a GO facilitating property tax exemption for hospitals that serve the poor, charitable trusts and charities.
“By doing so, even if the government changes, the institutions will continue to enjoy the benefits,” Mr. Rama Rao said after inaugurating the advanced BMT facility at Basavatarakam Indo-American Cancer Hospital and Research Institute here.
The Minister said in the last 12 years, the hospital had urged three past Chief Ministers to provide property tax exemption, but in vain. “It was only after K. Chandrasekhar Rao became the Chief Minister that it was decided to provide property tax exemption to cancer hospital,” he added. Mr. Rama Rao gave a call for taking up massive cancer awareness campaign through government-private partnership. Actor N. Balakrishna, who is the chairperson of the institute, said the hospital, that began with merely 40 beds, was known for its world class facilities today.