1. NDMC passes resolution withdrawing hike in property tax rates

NDMC passes resolution withdrawing hike in property tax rates

North Delhi Municipal Corporation (NDMC) today passed a resolution withdrawing the hike in property tax rates as per the Municipal Valuation Committee (MVC) report.

By: | New Delhi | Published: June 9, 2016 6:04 PM
The resolution for withdrawing the property tax rates, that were earlier approved by a standing committee and the civic body, was brought by BJP councillors Rajesh Bhatia and Shobha Vijender.  (Reuters) The resolution for withdrawing the property tax rates, that were earlier approved by a standing committee and the civic body, was brought by BJP councillors Rajesh Bhatia and Shobha Vijender. (Reuters)

North Delhi Municipal Corporation (NDMC) today passed a resolution withdrawing the hike in property tax rates as per the Municipal Valuation Committee (MVC) report.

The resolution for withdrawing the property tax rates, that were earlier approved by a standing committee and the civic body, was brought by BJP councillors Rajesh Bhatia and Shobha Vijender.

The BJP-dominated civic body passed the resolution which also provides for adjusting the excess tax amount paid by property holders in the municipal corporation areas.

The rate of property tax based on MVC recommendation was hiked many times after February 15.

The resolution cancelled the changes in the rates and rebate in property tax, passed earlier by the NDMC and its standing committee, that have been included in the Schedule of Taxes for 2016-17.

The excess tax amount deposited by property holders as per the Schedule of Taxes, 2016-17, will be adjusted against their tax amount for the year 2017-18, it said.

Tags: Tax
  1. R
    R.Mehta
    Oct 6, 2017 at 10:11 pm
    Villages in Delhi which are in between various colonies have been exempted from property tax ,even though many commercial and non residential activities are taking place from there . Then it is not clear whether owners of small flats in unauthorised colonies are liable to pay property tax or are exempt .The defaulters are not compelled to clear ther dues of lakhs of Rupees as property tax and those who pay the property tax late are waived from penality /interest. Those who arelaw abiding and are regularly paying taxes are harassed by asking to furnish same information which they have already given about their property .Then the rate of property tax should be same and classification of various categories is discreminatory as except location all residents are enjoying same facilities . The govt should consider and Delhi govt should take up some of these issues to help the residents who have voted for them to do some work for people
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