North MCD to create database of properties

Move to increase revenue collection

PTI | July 10, 2012



The North Delhi municipal corporation will soon begin assigning numbers to the properties under its jurisdiction in an effort to create their database and increase collection of revenue.

"This year the North corporation managed to earn just Rs 110 crore in property taxes compared to Rs 300 crore last year. In order to improve the financial condition it is imperative that all properties pay taxes," Mahender Nagpal, leader of the house said at a special meeting.

At present the corporation does not have a database of the number of properties that are liable to pay taxes due to which it is suffering huge loses.

He said NDPL and DJB have a database of all the connections which is how they augment their income

"But the corporation has no idea which household was paying taxes and which was not. We will soon start numbering each property," Nagpal said.

Last year too, the corporation had started giving unique property identification code (UPIC) to properties but the work got stuck midway due to trifurcation of Municipal Corporation of Delhi (MCD).

Of the 12 lakh codes distributed in Delhi, just nine lakh property owners had paid their property tax which means three lakh households were trying to avoid paying taxes.

Apart from North Corporation, South Corporation too is trying to consolidate UPIC numbers and increase their income.

Yogender Chandolia, chairman, standing committee said that in order to increase the income, the corporation should start regularising unauthorised construction and impose commercial rate property taxes on discoms.

"The Lieutenant Governor has ordered for regularisation of flats in planned areas in 2006. Implementation of the order may yield Rs 1,000 crores," he said.

Apart from this, the North Corporation would also conduct a survey of its vacant plots in order to set up commercial establishments there.

Comments

 

Other News

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter