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…