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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.
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%.
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