Current Affairs   »   Miscellaneous   »   Delhi Lt Gov launches scheme to...

Delhi Lt Gov launches scheme to reward RWAs for property tax compliance

Delhi Lt Gov launches scheme to reward RWAs for property tax compliance_50.1

Lieutenant Governor (L-G) VK Saxena has announced significant changes in the property tax policy of the Municipal Corporation of Delhi (MCD) after its unification. The L-G also launched a SAH-BHAGITA scheme to increase the involvement of the Residential Welfare Association (RWAs) in optimal tax collection and waste management systems.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Under this scheme:

  • The RWAs will be incentivised for their efforts to improve efficiency and compliance in tax collection.
  • The RWAs, on achieving 90% tax collection from the total number of properties in their societies, can recommend development work to the tune of 10% of the tax collection subject to a ceiling of Rs 1 lakh in their areas.
  • In addition to this, an added incentive of 5% of the tax paid shall be available if the colony concerned implements 100% waste segregation at the source, compositing of the wet waste in the colony, re-cycles dry waste and hands over the remaining to the MCD or its authorized agencies.

Find More Miscellaneous News Here

Delhi Lt Gov launches scheme to reward RWAs for property tax compliance_60.1

Delhi Lt Gov launches scheme to reward RWAs for property tax compliance_70.1

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *