The Deccan Chronicle 01.11.2010
GHMC to get 10% MV taxHyderabad, Oct. 31: The Greater Hyderabad Municipal Corporation will get a higher share in the Motor Vehicle Tax being collected by the transport department in the city limits.
The State Finance Commission (SFC) recommended that 10 per cent of the total MV Tax collected in Greater Hyderabad should be shared with GHMC.
As a result, the GHMC is expecting to get `50 crore towards its share from the total `500 crore MV Tax collected by the transport department in the city for the previous financial year.
