Delhi civic bodies property tax collection

Delhi civic bodies property tax collection
16/11/2016 , by , in News/Views

Three municipal corporations in Delhi fetched over Rs 7 crore in form of property tax and conversion charge paid by property owners in demonetised high value banknotes.

South Delhi Municipal Corporation (SDMC) received property tax earnings of Rs 3 crore. Yesterday, the collection was Rs 2.50 crore while it was Rs 50 lakh on the first day of the exercise which was started after demonetisation of 500 and 1,000 rupee notes, said a senior SDMC officer.

The North Delhi Municipal Corporation (NDMC) collected over Rs 3 crore as property tax and conversion charge. It was Rs 1.17 crore till last night, said a senior official of the civic body.

Property tax collections of East Delhi Municipal Corporation (EDMC) stood at 1.35 crore till 6 PM, said a senior EDMC officer.

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