NEW DELHI: Close on the heels of a similar move by the North Delhi Municipal Corporation, the south and east civic bodies are also contemplating waiving off property tax for plots up to 50 square metres.

A south corporation councillor stated that the civic agency might even exempt plots of up to 100 square meters from paying taxes..

Earlier in August, north corporation had passed a proposal in the House, stating that properties of 50 square metre in size or less in residential areas will be exempted from the tax net.

Former mayor Jai Prakash had first brought in the proposal that all residential properties up to 50 square metres, including those in approved colonies, rural areas and even unauthorised ones, may be exempt from paying house tax.

“Delhi government rules prohibit only one corporation making this change, we have talked to our councillors in the other two corporations and there is consensus on this matter that all of us should come together and waive off property tax for plots up to 50 sqm. This is a people friendly move in these tough times” said Prakash.

South corporation, in fcat, plans to go a step further.

“We are even planning to increase the area up to 100 square metres and provide relief to the economically weaker sections of Delhi. The discussion is going on in the party, but the final decision is yet to be made” said Indrajeet Sehrawat, leader of the house, south corporation.

Source link

Leave a comment

Your email address will not be published. Required fields are marked *