Delhi L-G launches one-time property tax amnesty scheme 'SAMRIDDHI 2022-23'

Coercive measures to collect the tax dues shall be launched against such defaulters from April 1 next year

Delhi Lieutenant Governor Vinai Kumar Saxena on October 25 launched a one-time property tax amnesty scheme "SAMRIDDHI 2022-23", saying it will provide a major relief to lakhs of residential and commercial property owners in the city.

SAMRIDDHI, an acronym for Strengthening and Augmentation of Municipal Revenue for Infrastructure Development in Delhi, will start on October 26 and end on March 31, 2023, with no further extensions.

Under the scheme, residential property owners can pay just the principal property tax amount of the current and of the past five years. For commercial properties, owners can pay the principal amount case of the last six years and get a waiver on past pending dues, including penalty and interest, according to an official statement.

The L-G said SAMRIDDHI 2022-23 is a people-friendly initiative of the Municipal Corporation of Delhi which will provide a big relief to the residents and encourage property owners to get rid of long-pending disputes and related harassment.

He added that waiver of tax liability means more money in the hands of taxpayers and more revenue for MCD, thereby enabling the civic body to undertake much-desired civic infrastructure work for better service delivery to the people of Delhi.

Mr. Saxena added that this new amnesty scheme will also widen the tax base and enable MCD to build a proper tax database by being more pragmatic about the enforcement of its long-pending tax dues.

According to the statement, the tax amnesty programme envisages a 'One Plus Five' option for residential and a 'One Plus Six' option for non-residential properties.