With the legislative wing of the MCD rejecting a proposal for across-the-board hike, Residents of Delhi have been spared a 5% hike in property tax this year. Not only this, to ensure that more development work is carried out in the run up to the municipal elections in 2012, the civic body has increased allocation of funds for roads, sanitation services and streetlights in its budget for the next financial year. The chairman of the standing committee of the Municipal Corporation of Delhi (MCD), Mr Yogender Chandolia, formally rejected the proposed tax hike while finalising the budget estimates for 2011-12. The hike was proposed by municipal commissioner Mr KS Mehra in December last year.
21 Jan 2011 Hindustan Times
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