Mcd property tax north delhi

  1. Property Tax in Delhi
  2. Relief for North MCD residents; no property tax for houses up to 50 square metres
  3. MCD extends last date to pay property tax, rebate to vaccinated families


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Property Tax in Delhi

Municipal Corporation Delhi (MCD) Property Tax: Know all the Details Last Updated -- January 28th, 2022 Taxes are the primary source of income for a government and Property Taxes the tax imposed on real estate owners by the municipal authorities. The word 'property' pertains to all real estate tangible in nature. It is owned by an individual and includes houses, premises rented to third parties and office buildings. Municipal Corporation Delhi (MCD) Property Tax The property tax department of MCD attends to the levy and collection of the property tax and service charges on private properties as well as the Government. Both these taxes are mandatory and are levied on all Lands and Buildings in Delhi. According to the Hon'ble Supreme Court directive, the properties of the Government of India completed after 26.01.1950 are liable to pay a service charge. It is a percentage of the rateable value of lands and buildings and the rates of taxes are determined by the council on a year-to-year basis. The Delhi Nagar Nigam or the Delhi Municipal Corporation (DMC) was one of the largest Municipal bodies of the world. In 2012, the DMC was trifurcated into three new bodies: • The South Delhi Municipal Corporation (SDMC) • The North Delhi Municipal Corporation (NDMC) • The East Delhi Municipal Corporation (EDMC) They are part of the local bodies in the National Capital Territory of Delhi, the others being, New Delhi Municipal Council and Delhi Cantonment Board. South Delhi Municipal Corp...

Relief for North MCD residents; no property tax for houses up to 50 square metres

• • • • Relief for North MCD residents; no property tax for houses up to 50 square metres Relief for North MCD residents; no property tax for houses up to 50 square metres The proposal will benefit about 3 lakh property owners, said former mayor Jai Prakash who had proposed it. The scheme will provide relief to the economically weaker sections who have been hit the hardest by Covid-19, said officials The North Delhi Municipal Corporation (MCD) has approved a proposal to exempt houses measuring up to 50 square metres from paying property tax. The proposal, passed from the house of North MCD, is also believed to be aimed at garnering support for the party in the civic elections scheduled early next year. Top News Right Now • 68 murdered in Maliana, all accused acquitted 36 years later, residents ask: So who killed our families? • In appeal, Rahul says was mistreated, sentenced to attract disqualification • Kalakshetra suspends 4 teachers, appoints independent committee to probe sexual harassment allegations Click here for more This will benefit about 3 lakh property owners, said former mayor Jai Prakash who had proposed it. Leader of the House (LOH) Chhail Bihari Goswami said residential properties up to 50 square metres including those in approved colonies, rural areas and even unauthorised colonies, will be exempt from paying house tax to the corporation. A senior official of North MCD said that the notification would come to effect by the next financial year. Anyway, most...

MCD extends last date to pay property tax, rebate to vaccinated families

After complaints of glitches in the online portal and problems being faced by people due to the Covid pandemic, the municipal corporations of Delhi have extended the last day to pay property tax by a month. The East MCD has pushed the last date to August 31, North MCD to July 15, and South MCD to July 31. Other benefits like rebates in property tax for families that are vaccinated against Covid-19 have also been announced.. North A senior official of East MCD said that since the new system was created for online payment of property tax, people have faced problems with the Unique Property Identification Code. To facilitate taxpayers, the date has been extended till August 31 with 15% rebate. An additional rebate of 2% would be given on online payment of property tax on mcdonline.nic.in and 3% on self-declaration of vaccination against covid.