New corporations for property tax hike | delhi | Hindustan Times
Today in New Delhi, India
Oct 23, 2017-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

New corporations for property tax hike

If the three new municipal commissioners of Delhi have their way, property tax may soon see a hike.

delhi Updated: May 10, 2012 00:31 IST
HT Correspondent

If the three new municipal commissioners of Delhi have their way, property tax may soon see a hike.

The commissioners have said they would have to hike tax on property as soon as possible to improve their finances.

Even unauthorised colonies and villages, for which there was a sloppy collection procedure, would have to cough up property tax.

A special drive will also be launched across the city to nail tax evaders. Starting Saturday, the East Delhi Municipal Corporation (EDMC) will start a weekly drive, targeting housing societies and shopping malls.

"There are many housing societies, malls and shopping complexes that do not pay property tax. All such units will be brought under the tax policy's purview," said SS Yadav, commissioner of EDMC, financially weakest among the three corporations.

Manish Gupta, commissioner of South Delhi Municipal Corporation (SDMC), PK Gupta of North Delhi Municipal Corporation (NDMC) and Yadav of EDMC said the proposals would be brought before the deliberative wing in a couple of months. The percentage of hike is yet to be decided.

KS Mehra, commissioner of the undivided MCD, tried to hike property tax earlier this year but the political wing of the body shot down the proposal. The latest move also may face opposition in view of the 2013 assembly elections.

"Whether or not the deliberative wing approves the proposals, we will try to increase the finances," said Manish Gupta, Commissioner, SDMC.

Yadav said the auditorium of their headquarters would be made available for commercial use so that the east Delhi municipal corporation can get some revenue.