Indian Express 17.02.2010
Civic body’s new amnesty scheme for property tax
Express News Service Tags : property tax amnesty scheme Posted: Wednesday, Feb 17, 2010 at 0100 hrs
New Delhi: The Municipal Corporation of Delhi (MCD) has launched a “new” amnesty scheme for property tax payers who want to settle their property tax dues under the rateable value and properties system of the Unit Area Method.Under the scheme, those who have not been paying property tax or those who have been paying the tax at the wrong rate since 2004 can pay the due amount as a one-time settlement by March 15.
A senior MCD official said, “Before 2004 we used to tax properties on its rateable value, where the property age, the construction material used, etc, was taken into account. After 2004, the Unit Area Method was introduced where values were assigned to colonies rather than individual properties.
“During that time we had sent a number of notices to people to pay their property tax but many didn’t. We have now introduced this scheme so that they can settle their taxes.” After this scheme gets over, officials said the MCD will neither entertain nor carry out rectification of rateable value cases.
