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NEW DELHI
MUNICIPAL COUNCIL
PALIKA KENDRA
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NEW DELHI
PROPERTY TAX DEPARTMENT
PUBLIC NOTICE
Public Notice is hereby given for information
of the General Public that the New Delhi Municipal Council, in exercise of the powers
conferred under Sec. 55(2) of the NDMC Act, 1994, has determined the rates at which
various municipal taxes, rates and cesses shall be levied w.e.f. 1.4.2007 for the
year 2007-08. The schedule as determined
for the year 2007-08 is as under :
a.Property Tax:-
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Lands and buildings or part thereof
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Rate of Tax
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i.
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Where
the rateable value does not excees Rs. 10 lacs.
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20%
of the rateable value.
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ii.
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Where
the rateable value exceeds Rs. 10 lacs but does not excees Rs. 20 lacs.
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Rs.
2,00,000/- plus 25% of the amount by which the rateable value exceeds Rs. 10 lacs.
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iii.
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Where
the rateable value exceeds Rs. 20 lacs.
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Rs.
4,50,000/- plus 30% of the amount by which the rateable value exceeds Rs. 20 lacs.
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Provided that if a person has more than one flat/space
in a building, then for calculation of property tax, th rateable value of such
flats/spaces shall be amalgamated.
Explanation.
The rateable value computed in accordance with
the provisions of the NDMC Act, 1994 shall be in multiples of Rs. 100 and the last
two digits of the rateable value upto Rs. 99 shall be ignored.
Exemption :-
Land and building with rateable value upto Rs.
1000 shall be exempt from the payment of property tax, for the year 2007-2008, provided
that there are no arrears of property tax upto the year ending 31st March,
2007.
Rebate:-
(i)
rebate of 25% on the tax for the year 2007-2008 shall be allowed at the time of
payment of property taxes for the year 2007-2008 to an individual property owner
or an HUF who files a declaration that the premises are exclusively kept for the
use of the individual’s or the HUF’s residence.
Provided that payment of the tax is made within
the time allowed in the bill and that there are no arrears of property taxes upto
the period ending 31-3-2007 or the arrears are also paid before or alongwith demand
for the year 2007-08.
Provided further that the property should be
mutated in the name of the individual or the HUF as the case may be.
Provided further that the property owned by the
Companies, firms and other Institutions and used as residence or guest-house for
Directors, partners and their employees shall not qualify for this rebate.
(ii)rebate of 10% of the tax shall be allowed
on the tax payable for the year 2007-08 on the self occupied portion of the lands
and buildings owned by a Society and exclusively used and occupied by the Society
for education purposes as a recognized school within the meaning of Delhi School
Education Act, 1973 or for medical relief as hospital, if the payment is made for
the aforesaid portion, within the time allowed in the bill and there are no arrears
of property taxes upto the period ending 31-3-2007 or the same are also paid before
or along with the demand for the year 2007-2008.
Provided that the rebate shall be 50% of the
tax in respect of aided schools, colleges and hospitals. Other conditions remaining
the same.
Provided further that the rebate shall be 50%
of the tax for the year 2007-08 in respect of self occupied portion of land &
building owned by a Society which is substantially supported by grants from Consolidated
Fund of India or Consolidated Fund of NCT of Delhi.
Provided further that no rebate shall be allowed
on the residential portion used by the Society for its employees or for the portion
from which any rent is derived or wherein any trade or business is carried on and
that such portions of the land and building shall be treated as a separate property
for payment of property taxes.
Provided further that in respect of lands &
buildings owned & occupied by a Society, wholly supported through grants from
municipal fund of Council, the rebate shall be 100%.
(iii) in respect of building in which any expenditure
is incurred on providing Roof Top Rain Water Harvesting System, the Chairman may
direct grant of rebate at 10% of the property tax for the year 2007-08 or 20 % of
the actual expenditure on providing Roof Top Rain Water Harvesting
System, whichever is lower.
Provided that the feasibility of Roof Top Rain
Water Harvesting System has been approved by Engineer-In-chief of NDMC and the completion
certificate has been obtained for the rain water harvesting system.
Provided further that the rebate, if granted,
shall be available from the year 2007-08 and four subsequent years.
Provided that in case of any dispute on the question
of a quantum of grant of rebate under clause (i), (ii) & (iii), the decision
of chairperson shall be final.
(b)
Tax on vehicles and animals:
As per Schedule-II of the Act at NIL rate.
(c )Theatre tax :
As per Schedule-III of the Act at NIL rate.
(d)Tax on advertisements other than advertisements
published in the Newspapers:
As per Schedule-IV of the Act at maximum rate.
(e)Duty on transfer of property:
3% of the amount specified in the instrument
specified in Sec. 93 of the Act or instrument presented for mutation of the property
u/s 74 of the Act.
(f)Tax on building payable alongwith the application
for sanction of the building plan:
As per Schedule-V of the Act.
SECRETARY, N.D.M.C.
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