What is the new scheme for paying property tax?

Q: I heard Municipal Corporation of Delhi is going to introduce a new scheme for paying property tax? What is it?

Priyanka Vats, Pune

29th September 2011

Property Tax in Pune

paying property tax

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Municipal Corporation of Delhi is introducing the amnesty scheme to recover property tax calculated by Rateable Value Method. The scheme is likely to be introduced by the end of next month and will be valid till December 31, 2011.MCD plans to give a 70% rebate on interest and waive penalty.To ensure that more people make use of the scheme, MCD plans to simultaneously start the process of attaching properties and sending notices.