💨 Abstract

The Municipal Corporation of Delhi (MCD) has denied reports of property tax exemptions, stating that all property owners and occupiers must pay their taxes as per existing laws. The MCD emphasized the importance of property tax as a major revenue source, contributing nearly a quarter of their earnings. The MCD urged residents to file their property tax returns by March 31, 2025, to avoid penalties.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖