Gurgaon Corporation’s budget not affected
The Supreme Court’s order regarding property tax collection from private developers’ area will not have any impact on the revenue generated from house tax, claimed the Municipal Corporation of Gurgaon.
The corporation hopes to earn Rs 500 crore through the property tax collection with the current fiscal budget.
Senior officers have claimed that behalf of DLF’s tenants, it paid them Rs 12 crore property tax a few days ago.
The Supreme Court’s order does not say that residents of private colonies are not supposed to pay property tax, but many are trying to interpret the court order as that these residents does not have to pay property tax to MCG, a senior official added.
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Source: Times of India
DLF, fiscal budget, Gurgaon, house tax, Municipal corporation, Private developers, Property tax collection, Supreme Court