South Delhi civic body may give breather on property tax

NEW DELHI: To give relief to residents of south Delhi from paying property tax at increased
rates, the deliberative wing of South Delhi Municipal Corporation is likely to withdraw the
increased taxes proposed by the commissioner for next financial year in the budget.
The committee also aims to reduce the 1% education cess charged on annual/rateable value of
property. SDMC standing committee chairman Col (retd) BK Oberoi said that they would
propose to charge the education cess on the final property tax amount calculated after giving all
rebates and concessions such as 15% rebate for timely payment and additional rebate for 30%
to the senior citizens, women, disabled people.
“Though the Delhi Municipal Act allows the civic agency to levy three kinds of tax, including
education and professional tax, there is no clarity for deduction of amount from the
annual/rateable value of property or taxable amount. This is the cause of confusion, which is
why we aim to bring a proposal,” said Oberoi