IndustryLatest Stories

NDMC Tax Reform Could Slash Property Tax by 50% in Delhi

NEW DELHI: The New Delhi Municipal Council (NDMC) announced on Monday that implementing the Unit Area Method (UAM) could lower property taxes by 30 to 50%, particularly benefiting older, self-occupied properties. This initiative is part of key amendments in the Jan Vishwas (Amendment of Provisions) Bill, 2026, introduced by Minister of State for Commerce and Industry Jitin Prasada in the Lok Sabha on Friday. The bill seeks to amend several provisions of the Delhi Municipal Corporation Act, 1957. NDMC Vice-Chairperson Kuljeet Singh Chahal emphasized that UAM could provide significant relief for older properties and allow for separate assessments of different…

IndustryLatest Stories

Jan Vishwas Bill: New Property Tax System for NDMC Areas

Representative image NEW DELHI: The government has proposed a new property tax framework for the New Delhi Municipal Council (NDMC) areas, easing criminal provisions for minor offences while tightening enforcement for tax violations. This is part of the Jan Vishwas (Amendment of Provisions) Bill, 2026, introduced in the Lok Sabha on Friday by Minister of State for Commerce and Industry Jitin Prasada. The bill suggests a complete overhaul of the tax structure under the NDMC Act, 1994. It establishes that property tax will now consist of two components: building tax and vacant land tax, replacing the original Section 61. To…

Latest StoriesResidential

NDMC Orders Palika Dham Residents to Vacate by March 7

NEW DELHI: The New Delhi Municipal Council (NDMC) issued a new public notice on Tuesday instructing residents of the Palika Dham complex near Gole Market to vacate the premises immediately due to safety concerns regarding the building. The notice, signed by the NDMC’s joint director, sets March 7 as the deadline for residents to leave. “We wish to inform the public that the structure is in a dilapidated state and is unsafe for habitation. We request all Palika Dham residents to cooperate with the administration in vacating the premises to avoid any risks,” the notice stated. Additionally, the NDMC announced…

Latest StoriesRegulatory

NDMC unveils surplus budget for 2026-27; no property tax increase

NEW DELHI: The New Delhi Municipal Council (NDMC) announced a surplus budget for the 2026-27 fiscal year on Wednesday, projecting a net surplus of Rs 143.05 crore. During the budget announcement, the council outlined its intent to install 2,000 CCTVs throughout Lutyens Delhi, while confirming that property tax rates will remain unchanged. Presenting the budget at a special council meeting, NDMC Chairman Keshav Chandra stated that for 2026-27, the council anticipates total receipts of Rs 5,953.07 crore and total expenditure of Rs 5,810.02 crore, continuing its tradition of surplus budgeting. Chandra also highlighted plans for adding over 2,000 CCTV cameras…

InfrastructureLatest Stories

NDMC Launches Cleanliness Drive in Major Areas

Representative AI image NEW DELHI: On Friday, the New Delhi Municipal Council (NDMC) launched a large-scale initiative to combat dust pollution and improve cleanliness in key residential and commercial areas. According to NDMC, multiple departments are collaborating on this effort. An official statement highlighted active involvement from the three core departments: Public Health (Sanitation), Horticulture, and Civil Engineering, ensuring a thorough execution. A spokesperson mentioned that NDMC teams engaged in mechanized sweeping, silt removal from side channels, essential repairs, and maintenance of green spaces. “These coordinated efforts aim to significantly reduce dust pollution and enhance the overall environmental quality of…