North Delhi civic authority extends property tax submission deadline
Real Estate

North Delhi civic authority extends property tax submission deadline

Keeping the order reserved till the last moment, North Delhi Municipal Corporation ultimately declared its decision to push the deadline of submission of property tax till July 15.

South Delhi Municipal Corporation (SDMC) is also considering the option, but no formal declaration was made till Wednesday evening. South Delhi civic body mayor, Mukesh Suryan, said that they are planning to extend the deadline till July-end, and a formal order will be issued soon.

SDMC has collected Rs 250 crore as property tax till June 30, as per the officials. The civic body aims to collect Rs 950 crore as property tax in 2021-22.

On Wednesday, the online tax filing system and the offices accepting cheques observed a heavy rush. Many people complained that they were not able to file the tax online or left constantly pursuing civic officials till afternoon about any plan to extend the date, but did not get any update.

A North Corporation official told the media that they declared extending the last date late Wednesday evening. People will get the rebates such as 15% for senior citizens or women, 15% for advance payment, 2% extra rebate for online payment (if the taxable amount is up to Rs 10,000) till July 15, but there will be no extension post that.

The official said as far as the residents’ complaints about flaws in the online system are concerned, it was because of a last-minute rush. It can be proved, from the fact that out of a total collection of around Rs 190 crore till June 30, Rs 32 crore was collected on Tuesday, in a single day, when at least 1,400 people filed tax online.

East Delhi Municipal Corporation has extended the last date till August 31.

Image Source


Also read: BMC plans to increase property tax rates by 14%

Keeping the order reserved till the last moment, North Delhi Municipal Corporation ultimately declared its decision to push the deadline of submission of property tax till July 15. South Delhi Municipal Corporation (SDMC) is also considering the option, but no formal declaration was made till Wednesday evening. South Delhi civic body mayor, Mukesh Suryan, said that they are planning to extend the deadline till July-end, and a formal order will be issued soon. SDMC has collected Rs 250 crore as property tax till June 30, as per the officials. The civic body aims to collect Rs 950 crore as property tax in 2021-22. On Wednesday, the online tax filing system and the offices accepting cheques observed a heavy rush. Many people complained that they were not able to file the tax online or left constantly pursuing civic officials till afternoon about any plan to extend the date, but did not get any update. A North Corporation official told the media that they declared extending the last date late Wednesday evening. People will get the rebates such as 15% for senior citizens or women, 15% for advance payment, 2% extra rebate for online payment (if the taxable amount is up to Rs 10,000) till July 15, but there will be no extension post that. The official said as far as the residents’ complaints about flaws in the online system are concerned, it was because of a last-minute rush. It can be proved, from the fact that out of a total collection of around Rs 190 crore till June 30, Rs 32 crore was collected on Tuesday, in a single day, when at least 1,400 people filed tax online. East Delhi Municipal Corporation has extended the last date till August 31. Image Source Also read: BMC plans to increase property tax rates by 14%

Next Story
Infrastructure Energy

Digital Economy, Renewable Energy to Boost Job Creation: Economic Survey

The Economic Survey 2024-25, presented by Union Finance Minister Nirmala Sitharaman, indicates substantial improvement in India’s labour market, driven by strong post-pandemic recovery and formalisation of the workforce. Key findings include a significant drop in the unemployment rate from 6 per cent in 2017-18 to 3.2 per cent in 2023-24. Additionally, there has been notable growth in female labour force participation, which increased from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24.Other highlights include:Over 30.51 crore unorganised workers registered on the eShram portal, suppor..

Next Story
Real Estate

Aditya Birla Housing Finance Secures Rs 8.3 Billion from IFC

Aditya Birla Housing Finance Ltd. (ABHFL), a subsidiary of Aditya Birla Capital, has raised Rs 8.3 billion through non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The company stated that the funds will be used to provide housing loans to low- and middle-income groups (LIG and MIG), with a special focus on promoting homeownership among women. Additionally, a portion of the investment will support MSMEs, particularly women-led enterprises, to drive economic growth. The initiative aims to strengthen financial inclusion and uplift underserved communities in the ..

Next Story
Infrastructure Energy

Bihar to Bid Out 2,400 MW Power Plant by March

The Bihar government plans to auction the proposed 2,400 MW coal-based power plant at Pirpainti by March 2025. Part of the state's FY25 budget initiatives, the project is valued at Rs 214 billion, covering multiple power sector developments. Coal for the plant is expected to come from Eastern Coalfields, with fuel and location already determined to streamline the bidding process. Discussions are underway to finalise coal supply under the SHAKTI scheme, with a resolution expected by February. The Central government has also pledged support for fast-tracking environmental clearances to facilit..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000