The owners of residential properties in Delhi pay property tax annually to the Municipal Corporation of Delhi (MCD). The MCD provides a rebate of 15 per cent in property tax if the amount due for the current financial year is paid in a lump sum.
What is property tax?
Property tax is one of the major sources of revenue for local governments/Urban Local Bodies (ULBs) to provide and maintain essential assistance to the cities for improving services and infrastructure, for public initiatives and welfare of the people.
PTR filing instructions for MCD property tax
- First-time MCD taxpayers need to search their