TAX ON NDMC PROPERTIES
Property tax overhaul in NDMC: What the new Unit Area System means for you
The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictability for property owners. The old rateable value method, which was subjective, is being replaced. Homeowners can now understand and verify their tax liabilities more easily.
No jail for honking or smoking in metro: How Jan Vishwas Bill 2026 ends imprisonment for everyday violations
The Jan Vishwas Bill has been passed by the Lok Sabha. This legislation aims to decriminalize minor offenses across many central laws. It replaces jail terms for small regulatory lapses with fines and warnings. This move promotes ease of doing business and living for citizens and businesses. The bill ensures a graded enforcement approach.
NDMC presents surplus budget for 2026-27; rules out property tax hike
The New Delhi Municipal Council (NDMC) presented a surplus budget for the 2026-27 fiscal year on Wednesday, forecasting a net surplus of Rs 143.05 crore.
NDMC opts against hiking property tax
The New Delhi Municipal Council (NDMC) presented a projected budget surplus of Rs 240.2 crore and a revenue of Rs 5,069.6 crore for the fiscal year 2024-25. Chairman Amit Yadav outlined a vision to make NDMC an aspirational city and global benchmark. While there's no plan to increase property tax rates, the council aims to boost revenue through property tax, targeting Rs 1,150 crore in FY 2024-25.
New app for property tax payers
The module will collect/record all information of properties within its jurisdiction, calculate the tax at prescribed rates, levy and collect tax in a totally transparent manner and minimise manual intervention.
AAP alleges property-tax scam by NDMC
Addressing a press conference, Atishi said the civic bodies' primary source of revenue was the tax collected from both residential and commercial properties.
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NDMC announces rebate in Property Tax Bills
"Consequent to this exercise, the property tax bills are being sent to all the property owners and it is expected that these will be received by all assesses by November 20," a senior civic body official said.
Taj Mansingh: Why bigwigs have stayed away from auction
NDMC chairman Naresh Kumar said, “As per the tender conditions, at least three bids are required to fulfil the criteria (of conducting an auction). However, we received a single bid for Taj Mansingh, so the council will conduct the bidding again."
Digitised property records give windfall gains to North Delhi Municipal Corporation
The corporation's property tax collection almost doubled in the last financial year. It earned Rs 613 crore in 2016-17 against Rs 371 crore in 2015-16.
Taj Palace, Delhi Golf Club on NDMC tax defaulter list
However, according to NDMC officials, all the hotels have moved court challenging the tax assessment and any further action by the civic body cannot be taken since the matter is sub-judice.
New Delhi Municipal Council posts record revenue collection of over Rs 3400 crore
New Delhi Municipal Council has registered a record revenue collection of Rs 3408.29 crore surpassing the target for the finacial year 2015-16 by Rs 122 crore.
Property tax rate for residential farm houses 15 per cent: NDMC panel
The committee made this decision while finalising the revised budget estimates for 2015-16 and budget estimates for 2016-17.
NDMC records highest collection of property tax in five years
NDMC has recovered a record property tax collection of over Rs 290 crore this year so far, the highest figure in the last 5 years.
UAM, trifurcation contributed to MCD's financial crisis
"The UAM norm brought during the Dikshit government lowered our revenues," a senior official of the NDMC told PTI.
NDMC declares over Rs 80 crore surplus revenue for FY 2014-'15
The maximum revenue generated was by way of electricity and water charges as also the licence fee, which earned NDMC a surplus amount of Rs 41 crore and Rs 32 crore.
LED streetlights, free Wi-fi in NDMC plans as budget focuses on 'Smart City'
The civic body has allocated Rs 150.37 crore for education services, including for the setting up of technology-enabled classrooms in five NDMC schools.
Resident Welfare Associations want Delhi HC to hear their property tax pleas promptly
The group has alleged that under the new NDMC bye-laws 2009, the civic body is charging property tax on vacant, unconstructed land.
Hotel Leela gets stay against NDMC move
The hotel chain yesterday filed a writ petition in the High Court challenging NDMC’s assessment of property tax.
NDMC launches project to map properties for widening tax net
Under the project, a unique number would be allotted to each property and its details would get registered online with NDMC.
NDMC budget: 50 per cent hike in BUAV; Rs 6 crore for 'Swachh Bharat'
50 per cent hike in base unit area value for property tax assessment, increase in lumpsum one-time street charge on vehicles and Rs 6 crore for 'Swachh Bharat' campaign.
NDMC to recover Rs 185-crore tax from Luxury Hotels
In response to the questions raised by the Lok Sabha MP, EG Sugavanam said the NDMC has taken necessary actions on the issues.
6 luxury hotels among top ten defaulters in licence fee, property tax: Government
Six luxury hotels owed a total of Rs 174 crore to NDMC as licence fee and property tax and are among top 10 defaulters to the civic agency.
3700 defaulters availed Property Tax benefit scheme: NDMC
There is a full rebate from interest and penalty on pending property tax, which will be reduced to 75 per cent till October 17, and 50 per cent till November 17, NDMC said.
Asaram's ashram slapped with notice over property tax dues
During a situational survey of the ashram on September 2, the municipal officials had found commercial activities were being carried out there.
Delhi Police, hotels among tax defaulters who owe Rs 440 cr to civic body
Delhi Police and four five star hotels are among a number of high profile tax defaulters which have not paid their dues to the tune of Rs 440 crore to North Delhi Municipal Corporation.
NDMC to map properties to widen tax net
The NDMC has decided to map the properties under its jurisdiction to identify defaulters of property tax.
NDMC proposes 3 per cent hike in property tax
People residing in New Delhi Municipal Corporation areas may end up paying double the property tax from next fiscal with the civic body today proposing a three per cent hike and increase in valuation of property.
NDMC budget: No increase in property tax of VVIP areas
The New Delhi Municipal Council's (NDMC) budget unveiled today spared the VVIP areas of an increase in property tax, besides having no new major development initiatives.
After Hotel Taj Mansingh, other city hotels could go under hammer too
Sources say months before the UD ministry suggestion to invite open bids, the civic agency decided to initiate the process of renewing the contract with IHCL on “mutually agreed terms” .
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