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Delhi Property Tax: 10% discount will be given on paying property tax before 30 June in Delhi

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Delhi Property Tax : MCD has appealed to all property owners as well as residents of vacant land and buildings that they will get a discount of 10 percent on paying their outstanding property tax for the financial year 2024-25 in one go before June 30, 2024. All property taxpayers can deposit their outstanding property tax by logging on to the Delhi Municipal Corporation website www.mcdonline.nic.in.

10% discount will be given on depositing property tax by 30 June

Property tax can be paid online. The MCD has also advised all property owners to geo-tag their properties. To facilitate people in paying property tax, the offices of the Property Tax Department will remain open on all Saturdays till June 30, 2024. The MCD’s Property Tax Department says that more than 800 camps have been organized in various wards in the current financial year.

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More than 24,000 taxpayers have paid their taxes during the camp. RWAs, market associations can request the concerned regional property tax department for assistance in organizing the camp. Taxpayers can pay their property tax in various ways. These include UPI, wallet, demand draft and online payment gateway.

Decrease in tax collection

The MCD has also sent advance bills to 8.7 lakh taxpayers who paid tax last year. Property tax collection has declined by 11.5 per cent in the financial year 2023-24. During this period, a total property tax of Rs 2,137 crore was collected, which is Rs 280 crore less than the financial year 2022-23. Also, the number of taxpayers has also declined during this period. This number was 13.29 lakh in 2022-23, which came down to 12.58 lakh in 2023-24. Officials say that in the financial year 2022-23, an additional revenue of Rs 400 crore came from the Samriddhi Yojana but it was not implemented in 2023-24.

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