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Property Tax Collection Drop Due To Exemption Confusion
The Morning Standard
|April 13, 2025
In a fresh bout of tussle between the political and executive wings of the AAP-ruled MCD, the civic agency has alleged a drop in revenue due to the property tax waiver announcement.
In a fresh bout of tussle between the political and executive wings of the AAP-ruled MCD, the civic agency has alleged a drop in revenue due to the property tax waiver announcement. This revelation by the civic body comes just days before the mayoral elections are slated, where the BJP is expected to emerge victorious.
Property tax collection, which accounts for nearly one-fourth of MCD internal revenue, saw a decline following reports of exemptions and rebates announced on February 25. According to official data, the Municipal Corporation of Delhi (MCD) collected ₹2,163.57 crore in property tax during FY 2024-25, slightly up from ₹2,132.89 crore collected in the previous fiscal.
Esta historia es de la edición April 13, 2025 de The Morning Standard.
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