Tuesday, June 15, 2010

Circle rates Vs. Property tax in Delhi

Metro or no metro, there are many other factors hurting the sentiments of Delhites, such as water scarcity, water logging, radiation through cell towers, parking facilities, pollution levels,  medical facilities, existing infrastructure etc., which were never considered while revising the circle rates.  It is really surprising that while raising the taxes, these are compared with the European & American countries & while providing infrastructure, these are not compared even with Bangladesh or Srilanka.

Anyhow, Delhi government has increased the circle rates of the property. As a result, it will get enhanced revenues on the sale & purchase of the property. But in normal terms it will not make any impact on the general public. The general public which is not willing to buy or sell any property in Delhi, will not feel any change. They will not get any additional income or facility. Things will remain as they are existing now. 

But it is really SHOCKING to find that just on the base of these enhanced circle rates, MCD is willing to revise the Property tax rates in Delhi. Delhites are already paying the enhanced costs of anything & everything on the name of  CWG. Now to crush them as the last nail in the coffin, MCD is revising the property tax. 

Do you think it is sensible ? 
Do you think that these practices are by the public, for the public, of the public ?
Please reply & add your comments.

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