Now Reading: MCD extends property tax waiver deadline to Dec 31
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MCD extends property tax waiver deadline to Dec 31
The Municipal Corporation of Delhi (MCD) has extended the deadline for its SUNIYO 2.0 property tax amnesty scheme to December 31, 2026. The earlier deadline was September 30. Under the scheme, residential, commercial and industrial property owners can get a complete waiver of interest and penalty on dues before the 2020-21 financial year.
To avail the benefit, taxpayers must pay the principal tax for the current financial year (2026-27) and the previous seven financial years (2020-21 to 2024-25) without interest or penalty. The MCD said the scheme applies to those who have never paid tax, paid irregularly, underpaid, or have pending disputes. A helpline is available at 7065064988.
Indian Opinion Analysis
The three-month extension signals that the MCD is struggling to meet its revenue target from the amnesty scheme. Property tax is a key source of own-revenue for the cash-strapped civic body, and the waiver is designed to bring defaulters onto the tax net without the burden of penalties. The scheme's success will be measured by the number of new registrations and payments before December 31. The MCD has not disclosed how many taxpayers have used SUNIYO 2.0 so far.
The extension also means that owners of properties that were under-assessed or unassessed for years can now settle dues at a lower cost. The MCD's next challenge will be to ensure that the waiver does not encourage future defaults by signalling that penalties can be avoided through periodic amnesties.
Source: economictimes.indiatimes.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
