North Delhi civic body claims rise in property tax mop-up

NEW DELHI: North Delhi Municipal Corporation on Sunday claimed to have collected Rs 569 crore as property tax till March 19 this year. The corporation claimed it is Rs 28 crore more than the tax collected in the financial year 2019-20.

Jai Prakash, mayor of north corporation, said that the boost in property tax collection was a “positive sign” towards the improvement of the financial health of the civic body.

“So far, Rs 569 crore have been collected from over 4 lakh taxpayers this financial year, in comparison to the last year’s collection of Rs 540.9 crore from 4.17 lakh taxpayers,” he said, adding that it was possible because of civic body’s amnesty scheme, which was launched on January 27 this year. The scheme will end on March 31, the late date to submit property tax.

The mayor also said that as many as 32,312 taxpayers have availed the benefit of amnesty scheme till March 19 this year. Rs 129.1 crore has been collected in the amnesty scheme.

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https://realty.economictimes.indiatimes.com/news/regulatory/north-delhi-civic-body-claims-rise-in-property-tax-mop-up/81625610

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