The Pioneer 07.12.2010
MCD wing not happy with hike in property taxStaff Reporter | New Delhi
The proposed hike in property tax by Municipal Commissioner KS Mehra, is receiving a stiff resistance from the deliberative wing of the Municipal Corporation of Delhi (MCD). According to sources, to overcome the funds scarcity in the civic body, the executive wing has planned to raise the rate of property tax in certain category in the Budget of next financial year (2011-12) but elected members of the body is reportedly opposing the move saying that it would unnecessarily put burden on the citizen of Delhi.
Sources informed, as per the proposal the entire MCD area will be divided into two categories as far as tax rate is concerned, wherein category A, B, C, D, and E will be clubbed together and will pay to pay 15 per cent property tax and category F, G, H will be charged 10 per cent. Presently category A and B are charged 12 per cent, C, D and E are charged 11 per cent and F, G and H are charged 7 per cent.
The MCD commissioner will present its new Budget on Wednesday. A meeting was held for finalisation of the MCD Budget for the next fiscal year, which was attended by Delhi Mayor Prithvi Raj Sahwney, Deputy Mayor Rajesh Gehlot, Leader of House Subhash Arya, Standing Committee chairman Yogender Chandolia and deputy chairman Standing Committee Sarita Chaudhary.
