Latest Answer: Hey pple i heard that South Municipal Corporation has collected an amount of Rs. 604 crore, which is also a huge recovery from last year’s 582 crore. So in terms of regular public , i think there can be a change , they might reduce few things. letc
Q:I heard that there is some new property tax being implemented for properties in Delhi. What is the tax for and how much is imposed? Give more details about it.
Latest Answer: You are right vivek.. Also , by the proposed tax, a buyer may have to pay income tax even on the current value which he or she has not paid. It is expected that real estate transactions in the country will reduce if this new Section 43 CA is introduced.
Latest Answer: No Suresh, they are planning to hire a private agency to conduct the survey and prepare a report of all the properties. And the agency would conduct door-to-door survey and take photographs of properties and their owners. All material parameters of properties relevant for determining their annual value and incidence of tax will be recorded.. Also they are planning to provide GPS-enabled equipment through which the data captured can also be transferred immediately after each house to the property tax server at the corporation’s data centre.
Latest Answer: Hi sufia there are various ways of paying the property tax.But i will suggest you to pay them online and no need to stand in the Queue.However not many of us are aware of the benefits of online property tax payment. Here are few details on how to pay your property tax online in Delhi. You can go through Pay property tax online Delhi and Property tax passbook for Delhi citizens if you are not aware of Property tax passbook for Delhi citizens , check that out also.