Civic body issues fresh tax slab for IGI airport | delhi | Hindustan Times
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Civic body issues fresh tax slab for IGI airport

delhi Updated: Feb 01, 2013 23:47 IST
HT Correspondent

The South Delhi Municipal Corporation has issued a fresh tax slab for the Delhi Airport and is eyeing Rs 20-25 crore through it, in terms of property tax.

As part of its budget, which was passed on Friday at a House meeting, the corporation has divided the airport into three areas - commercial, technical and green.

"Each area will be taxed differently. While the commercial area will be taxed at 20%, the technical area will be taxed at 15%. The green area will be taxed under 6 per cent tax slab," leader of the House Subhash Arya said.

According to him, out of the total area of 3,306 acres of the airport, 192 acres is commercial property, 56 acres is used for airport operations, 124 acres is occupied by Air India, while 692 acres is used as technical area - hangers, petrol pumps, runways and so on. The rest is green land, Arya said.

The leader of the House pointed out that this "dispute" over the property tax on the airport area has been going on for around 20-25 years. "This has now been solved as we have made clear demarcations," he said.

According to an official, at present, the corporation annually earns around Rs 1.5 crore as property tax from the airport, and this will be a big boost to its revenue generation. Officials of DIAL, the managing body of the airport, however, refused to comment on the corporation move.

In the budget, the South Corporation has provided relief for small and medium-sized guest houses as the property tax for these has been slashed from the previous 20% to 15%. However, it is the other way round for farmhouse owners, who will now have to pay % in place of the previous 15 per cent. No hike in parking charges has also brought relief for commuters across South Delhi.

"We will identify new parking spots, which will generate more revenue for the corporation, rather than burdening people with more taxes," Arya said.

It was also pledged to get quality school uniforms for students in corporation schools.