- By Sahelee Rakshit
- Fri, 07 Jun 2024 05:09 PM (IST)
- Source:JND
The Municipal Corporation of Delhi (MCD) has decided to stop accepting payments of property tax via cheques from July 1 due to increased cases of cheque bounce. The corporation has now suggested three methods instead for the purpose.
From July 1, the corporation will only accept payments via UPI, demand draft or pay order instead of cheques.
The corporation claims that digital payment will facilitate business transactions and guarantee prompt payment and receipt issues. Property tax payments will be simple for taxpayers, and the process will be completed quickly.
“The electronic payment will not only ensure timely payment and issue of receipt but also facilitate ease of doing business. Taxpayers will be able to pay property conveniently and receive faster reconciliation of the same,” it said.
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The corporation has appealed, claiming that property taxpayers will receive a 10 per cent discount if they submit the property tax by June 30.
All property taxpayers can pay their overdue property taxes online at www.mcdonline.nic.in, the Delhi Municipal Corporation's website. Additionally, the company has suggested that property owners geotag their assets.
“MCD appeals to all the property owners and occupiers of the vacant lands and buildings to pay tax for the current year 2024-25 and get a 10% rebate on lump sum payments of tax before 30th June 2024. All property owners/occupiers of the vacant lands and buildings are also advised to geo-tag their properties. As per the provisions of Section 114 of the DMC Act, 2003 (Amended), all buildings and vacant land falling under the jurisdiction of MCD are liable to pay property tax,” the civic body said.