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Will not increase property tax rates: SDMC
The Hindu
Proposal to be presented during the House session in January
The South Delhi Municipal Corporation, on Thursday said that it will not increase property tax rates after the civic body’s Commissioner Gyanesh Bharti had recommended a tax hike during the SDMC’s budget proposal for the financial year 2022-23, in November, in a bid to increase revenues.
SDMC’s Standing Committee chairman B.K. Oberoi, who made the announcement, said that a proposal to not hike the tax rates will be presented during the civic body’s House session in January.
“This is the election year and we cannot increase the taxes. Instead, we have to survey more properties from which we have not been able to collect taxes till now. We have brought in various tax relief measures, especially for unauthorised colonies, and we will have to see how many people pay their taxes after this point,” said Mr. Oberoi.