The Hindu 20.08.2013
No penalty, interest for property tax defaulters
The North Delhi civic body has good news for property tax defaulters — they can still pay their arrears without being charged penalty and interest. The chairman of North Delhi Municipal Corporation’s property tax committee, Rajesh Bhatia, on Monday launched a much-awaited scheme for settling property tax arrears with immunity from penalties and waiver of interest.
The scheme will continue till November 30. Under the scheme, property tax will be accepted only through pay order or demand draft.
Mr. Bhatia said property tax worth crores was due against various government and private organisations and the Income Tax Department was making efforts to collect it.
Mr. Bhatia said: “On the basis of feedback received from citizens, it has been found that property owners want to pay their property tax but are not satisfied with the assessment orders passed against their properties. Property owners also believe that a much higher amount of tax is levied on their properties and hence they choose not to pay the property tax.”
He said: “On the other hand, the demand increases by accumulation of interest and penalty over and above property tax demand. Keeping this in mind, all members of the committee unanimously decided to launch a settlement scheme.”
The North Delhi Municipal Corporation scheme will continue till November 30.
