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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 ]
The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.
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 ...
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
Recently, in another case, some IRS officials were found to help certain companies evade payment of Service tax and related penalties of the order of ₹ 1 crore. [19] Also CBI raided premises of an income tax officer for demanding Bribe to the tune of ₹ 60 crore for covering up Stock Guru Scam.
It covers an area of 42.7 km 2 under its administration, [10] which is commonly referred as Lutyens' Delhi. [11] NDMC Head Office, Palika Kendra Parliament Street, New Delhi. The only owner is the Government of India and about 80% of buildings in New Delhi are owned by the New Delhi Municipal Council area. [12]
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The local or city government is headed by the mayor. The Municipal Corporation of Delhi handles civic administration for the city, and has one mayor. [8]Heretofore the Municipal Corporation of Delhi was trifurcated into three bodies: the North Delhi Municipal Corporation, the South Delhi Municipal Corporation, and the East Delhi Municipal Corporation in 2012.