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The amount of property tax is equal to the tax base x the tax rate voted by the municipality. The tax base is equal to 50% of the cadastral rental value of the property (For non-built properties, this tax base is equal to 80%). To this base is then applied the revaluation coefficient. (It stood at 1.012 for 2020).
Municipal Corporation of Delhi (MCD; ISO: Dillī Nagara Nigama) is the municipal corporation that governs most of Delhi, India. The MCD is among the largest municipal bodies in the world providing civic services to a population of about 20 million citizens in the capital city Delhi. [ 1 ] It is headed by the Mayor of Delhi, who presides over ...
Property tax, or 'house tax,' is a local tax on buildings, along with appurtenant land, and imposed on Possessor (certainly, not true custodian of property as per 1978, 44th amendment of constitution). It resembles the US-type wealth tax and differs from the excise-type UK rate.
NDMC Smart City Limited is a strategic initiative by the New Delhi Municipal Council (NDMC) to develop New Delhi into a technologically advanced and sustainable urban area. Incorporated on July 28, 2016, as a Special Purpose Vehicle (SPV), it is wholly owned by NDMC and was established under the Smart Cities Mission of the Ministry of Urban ...
Revenue reforms of Alauddin Khalji. The Delhi Sultanate ruler Alauddin Khalji (r. 1296-1316) implemented a series of major fiscal, land and agrarian reforms in northern India. He re-designated large areas of land as crown territory by confiscating private properties and by annulling land grants. He imposed a 50% kharaj tax on the agricultural ...
A municipal corporation is a type of local government in India which administers urban areas with a population of more than one million. The growing population and urbanization of various Indian cities highlighted the need for a type of local governing body that could provide services such as healthcare, education, housing and transport by collecting property taxes and administering grants ...
Pamposh Enclave is a residential colony in GK in south Delhi, ... "House tax relief for 56 colonies". The Times of India via Asia Africa Intelligence Wire. 27 October ...
Old Delhi (Hindustani: Purani Dilli) is an area in the Central Delhi district of Delhi, India. It was founded as a walled city and officially named Shahjahanabad in 1648, when Shah Jahan decided to shift the Mughal capital from Agra . [ 1 ]