Andhra Pradesh government waives interest on property tax dues
Dated on: Sunday 19th March 2023The state government has waived interest on accrued dues until the end of the current fiscal year, which is a huge relief for property tax payers. Those who pay their property tax and vacant land tax (VLT) before March 31 will be eligible for the interest waiver. Y Srilakshmi, special chief secretary (municipal administration and urban development), stated that the decision to waive interest on old dues was made as a one-time incentive to provide relief to all those who were unable to pay taxes in the previous two years due to lockdowns following the outbreak of Covid-19.
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