NEW DELHI:
The civic body is proposing an Education Cess of 5 per cent and Betterment Tax of 15 per cent on property tax of all lands and building or part thereof. These two categories were proposed last year as well but the legislative wing of the corporation decided against it. However, EDMC Commissioner Vikas Anand said he is hopeful that they will get implemented this year.
East MCD has also proposed a hike in the following property taxes; residential properties will observe a 2 per cent hike going from 11 per cent to 13 per cent in C-E category and a 3 per cent hike going from 7 per cent to 10 per cent in F-H category.
This story is from the November 27, 2021 edition of Millennium Post Delhi.
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This story is from the November 27, 2021 edition of Millennium Post Delhi.
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