Contractors seek Rs 23,000 cr dues, demand policy overhaul | Hubballi News

Dharwad: The North Karnataka Civil Contractors’ Association (NKCCA) has urged the state govt to immediately clear pending payments of nearly Rs 23,000 crore, warning that prolonged delays have pushed contractors into severe financial distress.In a memorandum submitted to chief minister DK Shivakumar, the association said around Rs 4,000 crore is pending under the public works…

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GHMC to get financial relief amid Rs 4k cr tax interest waiver

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) is set to gain partial financial relief while simultaneously suffering a major revenue setback following the state govt’s latest decision on pending property tax dues from govt departments. Govt buildings across various departments had accumulated nearly Rs 6,000 crore in pending property taxes and interest arrears over the…

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