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Demonetization makes GHMC richer by Rs. 190 crore

Hyderabad: The Centre’s demonetisation has come as a blessing to the Greater Hyderabad Municipal Corporation (GHMC) as it collected over Rs 190 crore as taxes in the last ten days.

With the Centre allowing the civic bodies and other agencies to accept taxes in old currency notes, people are rushing to the GHMC offices to pay their taxes in demonetized currency notes. Authorities informed that the GHMC collected Rs 190 crore in the…

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Updated: November 21, 2016 — 7:07 am

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