Residents of posh colonies in Delhi will have to shell out more money for property tax as compared to those of other localities. The Municipal Corporation of Delhi (MCD) finalised a budget of over Rs 6,000 crore for the year 2010-2011 on Monday under which property tax payable by people living in A and B colonies has been increased from 10% to 12%.For the detailed news, please click the headline above, with thanks Times of India.
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