Tag: Delhi property tax

Latest StoriesResidential

Delhi Mayor Urges Residents to Clear Property Tax Dues by March 31

New Delhi: Mayor Raja Iqbal Singh has encouraged property owners in the national capital to take advantage of the ‘Sumpattikar Niptaan Yojana’ (SUNIYO) 2025-26, a property tax amnesty scheme that has been extended until March 31. The mayor reported that over 1.8 lakh taxpayers have benefited from the initiative, generating Rs 1,089.97 crore in property tax as of March 1. Among this, Rs 211.44 crore came from more than 1.34 lakh residential properties, while Rs 878.52 crore was collected from 52,759 non-residential properties. Describing it as a “golden opportunity,” he urged eligible taxpayers to settle their pending dues without incurring…

Latest StoriesRegulatory

Delhi’s Property Tax Collection Hits Record ₹2,700 Crore

NEW DELHI: The Municipal Corporation of Delhi (MCD) has achieved a record property tax collection, exceeding Rs 2,700 crore by December 31 for the 2025-26 financial year. This represents a significant increase of approximately 45% compared to the same period last year, according to officials’ statements made on Saturday. Officials noted that this growth was accompanied by a notable rise in the taxpayer base. The number of registered property taxpayers grew from 10.31 lakh in 2024-25 to 12.43 lakh this year, reflecting an increase of nearly 21%. Civic officials attributed this surge to enhanced taxpayer engagement, stricter enforcement, and favorable…

IndustryLatest Stories

Delhi Civic Body Unveils Easy Property Tax Calculator

NEW DELHI: The Municipal Corporation of Delhi (MCD) has launched a new property tax calculator designed to help residents compute their property taxes easily, eliminating the need for app logins or middlemen. A senior official informed PTI that this user-friendly calculator enables citizens to independently calculate their annual property tax. As part of efforts to enhance digital transparency, it is now accessible on the official MCD portal. This straightforward tool fosters trust by equipping property owners with clear information, thus decreasing their reliance on others and streamlining the entire process for users. Available under the property tax section, once users…