The Hindu 08.12.2011
Steep hike in parking, property tax rates proposed
Presenting the budget estimates for the upcoming
financial year, Municipal Corporation of Delhi Commissioner K.S. Mehra
on Wednesday proposed a steep hike in parking and property tax rates and
also introduced new charges like congestion and conservancy charges
aiming to collect Rs.520 crore as additional revenue.
The
newly-introduced congestion charges for the commercial areas in City,
Karol Bagh and Paharganj zones of the civic body would be collected on
certain roads which will be soon notified. “Residents and property
owners of these areas will be exempted and given passes. Charges would
be applicable to those who bring their vehicles into these areas from 8
a.m. to 9 p.m.,” said Mr. Mehra.