Property tax burden again!
Delhi residents be ready to fork out money for the new tax schemes. Property owners from now onwards should pay education cess as a part of property tax.
The Municipal Corporation of Delhi (MCD) has planned to impose this tax on property owners insisting them to pay it annually.
MCD official say that, they are finding ways to increase their revenue, therefore they have implemented this new form of tax collection.
Levy of education cess is said to come into action only after further examinations made by civic body. Educational cess will based on property tax paid by households only in the areas which come under MCD’s authority.
Source: Hindustan Times
Civic body, Delhi, Delhi NCR, Educational cess, Levy of education cess, MCD, MCD's authority, Municipal Corporation of Delhi (MCD), Property Owners, Property tax schemes, Residents of Delhi, Revenue, Tax collection
Property tax burden again! Grateful I like the site.