Friday, November 22, 2024
HomePersonal FinanceProperty Tax Rules: Property tax payment rules changed in this state, rules...

Property Tax Rules: Property tax payment rules changed in this state, rules will be applicable from July 1

Property Tax Rules: The Municipal Corporation of Delhi (MCD) has changed the rules for property tax payment. The MCD has decided to implement the new rules for tax payment from July 1. In view of the cases of cheque bounce, the MCD will not accept property tax payment through cheque from July 1.

Delhi Property Tax: The Municipal Corporation of Delhi (MCD) has changed the rules for property tax payment. The MCD has decided to implement the new rule regarding tax payment from July 1. In view of the cases of check ‘bounce’, it will not accept payment of property tax through check from July 1. The MCD said in a statement on Wednesday that from next month, property tax will have to be paid digitally through UPI, wallet, demand draft, pay order or any online payment medium.

How can you pay property tax

The body said that due to legal issues arising from check bounce, payment of property tax through this medium will be stopped from July. The MCD has also appealed to property owners and occupiers of vacant lands and buildings to pay tax for the year 2024-25 and get a discount of 10 percent on lump sum payment before June 30.

Property owners can log in to the official website of the corporation for tax payment. As per the provisions of Section 114 of the Delhi Municipal Corporation (Amendment) Act, 2003, all buildings and vacant lands falling under the jurisdiction of the Delhi Municipal Corporation are liable to pay property tax.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments