1/3/2025, 12:47:02 pm

Delhi civic body refutes reports of property tax exemption

The Municipal Corporation of Delhi (MCD) has denied rumors of property tax exemptions, stating all owners and occupiers must pay as per existing laws. Property tax contributes nearly 25% of MCD's revenue, crucial amid financial challenges like unpaid salaries and contractor dues. The civic body clarified tax structures for 2024-25 and 2025-26, urging payments by March 31, 2025, to avoid penalties.