You are here: Home » Current Affairs » News » National
Business Standard

NDMC council rejects proposal to raise tax burden on residents

The North Delhi Municipal Corporation also decided not to approve the Commissioner's proposal to reduce rebate on property taxes by 5 per cent

NDMC | tax | BJP

Press Trust of India  |  New Delhi 

Construction, workers, housing, residential property

The standing committee of the BJP-led North civic body did not impose any new and also rejected a proposal in its budget 2022-23 to raise residential and commercial property taxes, officials said Wednesday, even though the municipality faces an acute financial crisis and has not been able to pay its staff for months.

The North Municipal Corporation also decided not to approve the Commissioner's proposal to reduce rebate on property taxes by 5 per cent.

The move by the civic body's standing committee comes ahead of the civic polls due this year.

North Municipal Corporation Commissioner Sanjay Goel in his budget 2022-23 presentation on November 25, 2021 had proposed to increase the property by 2 per cent and reduce the rebate from existing 15 percent to 10 percent.

He had said that these moves would strengthen the financial condition of the municipality.

Presenting the revised budget estimates, North Corporation Standing Committee Chairman Jogi Ram Jain said no new tax is being proposed in the civic body's budget.

"Since people are still not over the coronavirus pandemic and it has adversely impacted financial condition of the public, the proposal to reduce the rebate from 15% to 10% by Commissioner North DMC was not accepted. Proposal to increase the property tax by 2% as suggested by Commissioner is also not being accepted by Standing Committee," Jain said in his budget speech.

Jain also said that to further give relief to citizens, a substantial part of the increased property-tax on Municipal Valuation Committee-3 (MVC-3) basis has also been withdrawn by the North DMC.

According to the North Municipal Corporation, the revised budget estimates for year 2021-22 stood at Rs 7,818.66 crore while the budget estimate for the year 2022-23 stood at Rs 7,504.91 crore.

Jain said that the civic body is also striving to boost its health infrastructure at the time of the pandemic.

"More than 500 LMO (Liquid Medical Oxygen) based oxygen beds provision is being made for all North DMC Hospitals. PSA (Oxygen) Plant is almost ready to be functional at Hindu Rao hospital, Rajan Babu hospital, Maharishi Valmiki Infectious Disease hospital and Girdhar Lal Maternity hospital," Jain said.

He said that escalation of beds from 10 to 50 is being done at Hindu Rao Hospital and 20 beds have been allocated for paediatric patients.

At Rajan Babu Hospital, 20 beds ICU and 10 beds HDU are in process of being made functional.

As many as 60 oxygen point beds are being made functional for paediatric COVID care at Mrs Girdhar Lal Maternity Hospital.

In his speech, Jain said that North DMC has chalked out a plan to provide parking for 13,500 cars by developing multi-level parkings at 19 locations.

These include Shiva Market in Pitampura; Gandhi Maidan; Qutub Road; Sant Nagar in Rani Bagh; Idgah Road; Shastri Park; Rajendra Nagar; U&V-block in Shalimar Bagh; AC Block in Shalimar Bagh; Bank Street, Karol Bagh; Madipur; Udyog Nagar; Punjabi Bagh; Nangloi; Mundka metro Station; R.G. Complex, Paharganj; Pratap Nagar; Pusa Lane and Old City SP Zonal Office.

He said that work on most of these major projects has started.

In addition to the above, two stack parking lots will be constructed at Hanuman Setu near Nigam Bodh Ghat and Fatehpuri.

Jain claimed that North DMC has reduced the height of garbage at Bhalaswa landfill site by 11 meters through bio-mining and processing the legacy waste with the help of 24 Trommel machines.

He said 30 more such machines are being set up there.

Period of validity of general trade and factory licenses was increased from one year upto three years, he said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, January 13 2022. 01:54 IST