MCD collects highest-ever property tax in 2009-10

By IANS,

New Delhi: The Municipal Corporation of Delhi (MCD) has recorded its highest ever collection of property tax in the financial year 2009-10.

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MCD collected Rs.696 crore in property tax in the fiscal, an increase of Rs.90 crore over the previous year, according to a statement by the MCD Thursday.

The number of tax payers also increased by 1.10 lakh – from 8.63 lakh in 2008-2009 to 9.73 lakh in the fiscal 2009-10.

Out of the total tax payers, 39 percent used the online option of paying property tax.

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