Rateable Value Method
The civic agencies in Delhi have planned to introduce new property tax schemes for the welfare of the property tax receivership. The Municipal Corporation of Delhi (MCD) is providing one last chance for the individuals who have dues pending in concern with the property tax. Rateable Value Method (RVM) is used by the officials to calculate property tax. The [...] Continue Reading »
The property tax department of the MCD will keep open the department on all Saturdays except second during February and March this year so that tax payers could file their self-assessment returns and deposit property tax without any hassles. Delhi Property owners got one more day in a week to pay their property tax. Mr [...] Continue Reading »
The Municipal Corporation of Delhi has launched a new amnesty scheme to settle property tax issues under the old method of property tax assessment called Rateable Value (RV) method.The old system continued up to March 31, 2004, after which the Unit Area Method was introduced from April 1, 2004. According to MCD, there are more [...] Continue Reading »
