Property tax in Delhi
The three municipal corporations of Delhi have collected crores of rupees through property tax this financial year. East Delhi Municipal Corporation has collected Rs 140 crore and has been rated as the highest. There were 2,10,837 tax payers this year whereas, last year, the number of tax payers was 2,04,117. A corporation official said that [...] Continue Reading »
Residents residing in privately developed localities such as DLF, Sushant Lok, South City, Ardee City, Sun City, Nirvana Country, Palam Vihar and in other areas should pay the house tax to the Municipal Corporation of Gurgaon at the earliest. Government is now strict about the collection of house tax within the municipal limits, a senior [...] Continue Reading »
Though the commissioner has proposed new taxes and hike in parking rates, East Delhi Municipal Corporation will not hike taxes and parking rates. The corporation is planning to develop more parking sites and had asked for a package worth Rs. 7500 crore from the Delhi Finance Commission for the work. It was decided in a [...] Continue Reading »
New Delhi- A new survey will be conducted by the North Delhi Municipal Corporation (NDMC) in order to increase the number of properties under tax net. However, the deliberative wing of the civic body is not in favour to increase property taxes due to political compulsion factors. The corporation is further planning of alternatives which can fetch maximum number [...] Continue Reading »
New Delhi- In an action to set rigid rules for people who have not yet paid their indirect taxes, the finance ministry has decided to take stern measures through the stepping up of compliance and will further generate extra revenue through the collection before the next financial year arrives. In a warning by the revenue secretary [...] Continue Reading »
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »
Delhi - The property tax is likely to go up as East Delhi corporation proposed to increase the property valuation by 1.6 times. The budget was proposed by the Education Management Corporation (EDMC). They revised the professional tax and electricity tax on power generators of five KW and new parking charges on minute basis to [...] Continue Reading »
The revenue department of Delhi is going to introduce electronic registration system of sale deeds of properties in Delhi. The municipality will start this electronic system of registration from the Mehrauli sub-registrar office in south Delhi, which covers a large part of south Delhi. Buyers of properties will now be able to take online appointment [...] Continue Reading »
According to the revision of property tax, VVIP areas are spared of the new of the same. As per the New Delhi Municipal Council‘s (NDMC) budget, apart from having no new developments, VVIP areas are spared to pay any extra property tax. The civic body alleges that there is no increase in property tax and [...] Continue Reading »
