Delhi Property Tax

Civic authorities on Tuesday initiated sealing and attachment action against two properties of a mall in Raja Garden area in New Delhi for "defaulting on property tax" worth nearly Rs 9 crore, officials said.

Delhi Lieutenant Governor Vinai Kumar Saxena on Tuesday launched a one-time property tax amnesty scheme "SAMRIDDHI 2022-23", saying it will provide a major relief to lakhs of residential and commercial property owners in the city.

Property tax rates may go up marginally in Delhi if the report of the MCD's fifth Municipal Valuation Committee (MVC) is implemented which recommends a 37 per cent increase in base unit area value, officials said on Wednesday.

Income Tax Department is conducting searches at the properties of real estate company ACE Group and its promoter Ajay Chaudhary in Delhi, Noida, Greater Noida, and Agra, said sources on Tuesday.

The BJP-led North Delhi Municipal Corporation (NDMC) House on Friday approved a proposal to waive property tax for owners of houses and residential plots spanning up to 50 sqm, subject to certain conditions, officials said.

Income Tax officials have reached the office of businessman Robert Vadra, the son-in-law of Congress chief Sonia Gandhi, regarding a property case. The team, which has reached Mr Vadra's office in east Delhi's Sukhdev Vihar, will record his statement, sources said.

Karnataka Congress's chief troubleshooter DK Shivakumar, appeared before the Enforcement Directorate in Delhi on Friday for being questioned in connection with a money-laundering case. The former minister faces arrest after his request for protection from arrest was rejected by the Karnataka High Court on Thursday.

The Income Tax department has seized a Rs 300-crore Delhi Bungalow under the anti-Benami law in its probe against Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath. The tax department also seized Foreign Direct Investments worth $40 million.

A plot of land in Noida near Delhi worth Rs 400 crore, said to belong to Uttar Pradesh politician Mayawati's brother, was seized by the Income Tax department today.

Income tax officers are questioning Congress accountant SM Moin about certain transactions after they searched the properties of Madhya Pradesh Chief Minister Kamal Nath's aides on Sunday, sources said today.

Hike in property tax, levying of professional and betterment taxes, and plans for a health scheme on the lines of Ayushman Bharat for Class IV employees were proposed by the NDMC in its budget today. North Delhi Municipal Commissioner Madhup Vyas presented the NDMC's revised budget estimates for 2018-19 and budget estimates for 2019-20 at the Civic...

The South Delhi Municipal Corporation or SDMC House on Monday cleared the civic body's annual budget, which includes property tax exemption for medal winners in Olympics and other top games, and free-of-cost sanitary pads to girls in schools when needed.

Property worth 165 crore spread across Delhi and Bihar -- allegedly belonging to the family of Bihar's veteran politician Lalu Yadav - has been seized by the Income Tax department, which is investigating assets cases against the family in several cities.

Income Tax department officials are conducting searches at 10 locations in Bengaluru, Chennai and Delhi as a follow up to raids at various properties linked to Karnataka Minister DK Shivakumar earlier this month.

The Income Tax Department has charged six members of Lalu Yadav's family, including his wife Rabri Devi, daughter Misa Bharti and son Tejashwi Yadav, with owning benami property under a tough law that attracts seven years in prison and a hefty fine for those found guilty. Tejashwi Yadav is Bihar's Deputy Chief Minister, while Rabri Devi is a former...

Civic authorities on Tuesday initiated sealing and attachment action against two properties of a mall in Raja Garden area in New Delhi for "defaulting on property tax" worth nearly Rs 9 crore, officials said.

Delhi Lieutenant Governor Vinai Kumar Saxena on Tuesday launched a one-time property tax amnesty scheme "SAMRIDDHI 2022-23", saying it will provide a major relief to lakhs of residential and commercial property owners in the city.

Property tax rates may go up marginally in Delhi if the report of the MCD's fifth Municipal Valuation Committee (MVC) is implemented which recommends a 37 per cent increase in base unit area value, officials said on Wednesday.

Income Tax Department is conducting searches at the properties of real estate company ACE Group and its promoter Ajay Chaudhary in Delhi, Noida, Greater Noida, and Agra, said sources on Tuesday.

The BJP-led North Delhi Municipal Corporation (NDMC) House on Friday approved a proposal to waive property tax for owners of houses and residential plots spanning up to 50 sqm, subject to certain conditions, officials said.

Income Tax officials have reached the office of businessman Robert Vadra, the son-in-law of Congress chief Sonia Gandhi, regarding a property case. The team, which has reached Mr Vadra's office in east Delhi's Sukhdev Vihar, will record his statement, sources said.

Karnataka Congress's chief troubleshooter DK Shivakumar, appeared before the Enforcement Directorate in Delhi on Friday for being questioned in connection with a money-laundering case. The former minister faces arrest after his request for protection from arrest was rejected by the Karnataka High Court on Thursday.

The Income Tax department has seized a Rs 300-crore Delhi Bungalow under the anti-Benami law in its probe against Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath. The tax department also seized Foreign Direct Investments worth $40 million.

A plot of land in Noida near Delhi worth Rs 400 crore, said to belong to Uttar Pradesh politician Mayawati's brother, was seized by the Income Tax department today.

Income tax officers are questioning Congress accountant SM Moin about certain transactions after they searched the properties of Madhya Pradesh Chief Minister Kamal Nath's aides on Sunday, sources said today.

Hike in property tax, levying of professional and betterment taxes, and plans for a health scheme on the lines of Ayushman Bharat for Class IV employees were proposed by the NDMC in its budget today. North Delhi Municipal Commissioner Madhup Vyas presented the NDMC's revised budget estimates for 2018-19 and budget estimates for 2019-20 at the Civic...

The South Delhi Municipal Corporation or SDMC House on Monday cleared the civic body's annual budget, which includes property tax exemption for medal winners in Olympics and other top games, and free-of-cost sanitary pads to girls in schools when needed.

Property worth 165 crore spread across Delhi and Bihar -- allegedly belonging to the family of Bihar's veteran politician Lalu Yadav - has been seized by the Income Tax department, which is investigating assets cases against the family in several cities.

Income Tax department officials are conducting searches at 10 locations in Bengaluru, Chennai and Delhi as a follow up to raids at various properties linked to Karnataka Minister DK Shivakumar earlier this month.

The Income Tax Department has charged six members of Lalu Yadav's family, including his wife Rabri Devi, daughter Misa Bharti and son Tejashwi Yadav, with owning benami property under a tough law that attracts seven years in prison and a hefty fine for those found guilty. Tejashwi Yadav is Bihar's Deputy Chief Minister, while Rabri Devi is a former...