Villages exempt from property tax | delhi | Hindustan Times
Today in New Delhi, India
Aug 24, 2017-Thursday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Villages exempt from property tax

Some good news for lakhs of people residing in urbanised and rural villages in the Capital. The Municipal Corporation of Delhi has exempted them from paying property tax on residential property, reports HT Correspondent.

delhi Updated: Jan 22, 2009 23:49 IST

Some good news for lakhs of people residing in urbanised and rural villages in the Capital. The Municipal Corporation of Delhi (MCD) has exempted them from paying property tax on residential property.

Residents of Najafgarh, Badarpur, Katwaria Sarai, Lado Sarai, Mahipalpur, Dabri, Jasola and scores of other villages would benefit from this move. However, the exemption comes with a rider. It would be strictly available to those residential properties wherein the original/legal heirs stay.

“We will not collect tax from residents of rural villages for residential properties, but in urban villages exemption of property tax will be only on one property,” said Vijendra Gupta, Chairman of MCD’s standing committee.

Before the Unit Area Method of taxation was adopted, properties with an area of up to 100 square metres in rural belts were exempted from paying property tax. But now, the civic agency has gone ahead and abolished tax for properties above 100 square metres also.

According to the MCD, most residential properties in villages are constructed on an area of more than 100 square metres and hence they were deprived of this benefit of exemption.

The MCD has carried out exemption under special provisions contained in Section 177 of the Delhi Municipal Corporation Act, under which residential properties in villages would not be required to pay property tax.

“The schedule of taxes will also be amended accordingly by the MCD,” said Subhash Arya, leader of the MCD House.

The civic agency has also announced 75 per cent rebate on property tax on that part or area of basement in residential properties, which is used for parking by the residents.

Recently, the Opposition in the MCD had cornered the ruling BJP regarding collection of property tax from rural and urban villages and had also organised protests in this regard.