MCD proposes five percent hike in house tax
December 8th, 2010 - 6:32 pm ICT by IANSNew Delhi, Dec 8 (IANS) Unveiling the budget for the next fiscal, Municipal Corporation of Delhi (MCD) Commissioner K.S. Mehra Wednesday proposed a five percent increase in house tax in all categories.
The budget proposals were presented at a special meeting of the MCD Standing Committee. The MCD budget for 2010-11 had reached Rs.6,346 crore.
Mehra presented the revised budget estimates for 2010-2011 and the budget estimates for 2011-2012 at the meeting.
At the end of the budget session, Standing Committee Chairman Yogendra Chandolia said: “We will take a final decision on the proposed increase in house tax only after a proper debate in the next standing committee meeting, keeping the interests of the people in mind.”
In last year’S budget too, the commissioner had proposed a five percent increase in tax rates but the standing committee had revised the proposal and went in for a marginal hike instead.
- MCD proposes five percent hike in property tax - Dec 08, 2010
- MCD's new tax schemes won't be implemented: Mayor - Dec 10, 2009
- Congress slams BJP-ruled MCD for proposed property tax hike - Jan 04, 2011
- MCD proposes hike in property tax - Jan 18, 2010
- Delhi civic agency gets Rs.1,500 crore - Jul 26, 2010
- MCD gets report on ways to hike house tax collection - Jul 29, 2010
- Tax free Chhattisgarh budget focuses on agriculture - Feb 26, 2011
- MCD's contractors call off strike - Aug 05, 2010
- MCD seeks scrapping of property tax in unauthorised colonies - Nov 10, 2010
- Tax free Chhattisgarh budget focuses on agriculture, social sectors (Lead) - Feb 26, 2011
- Congress trying to save guilty building owner: BJP - Nov 18, 2010
- Centre targets tax revenue of Rs.9 lakh crore in 2011-12 - Apr 13, 2011
- MCD to set up veterinary hub - Dec 08, 2010
- Punjab budget revenue deficit pegged at Rs.3,379 crore - Mar 14, 2011
- MCD councillors demand Games passes - Sep 16, 2010
Tags: budget estimates, budget proposals, budget session, committee chairman, committee meeting, crore, final decision, house tax, mehra, municipal corporation of delhi, municipal corporation of delhi mcd, New Delhi, proper debate, proposal, standing committee, tax rates