Pay Property Tax Dues Without Penalty Till Feb 2017
On 17 November 2016, the three Municipal Corporations in Delhi announced the complete waiver of interest and penalty fees on property tax if the arrears are paid before 28th February 2017. This amnesty scheme has been available since 18 November and applies to both residential and commercial properties.
After 28 February of next year, there will be certain penalties to be paid for the outstanding property taxes. From 1 – 31 March, 50% interest will have to be paid on the arrears although the other penalties shall be waived off.
Keeping in mind the backlog of dues over the years, the scheme was launched by the BJP-ruled civic bodies in the national capital.
Although this news has resulted in joy and relief to a lot of people, the opposition claims that the scheme is a political...