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The Times of India
The Times of India
National
Vibha Sharma | TNN

Property tax may go up across Delhi

MCD Municipal Corporation of Delhi MVC New Delhi

NEW DELHI: The fifth Municipal Valuation Committee (MVC) has recommended an increase in six factors - used for calculating the annual value of a property - in its interim report to the Municipal Corporation of Delhi (MCD).

If ultimately implemented, this change in computing could result in an increase in property tax in all sectors across the city, including residential colonies, reports Vibha Sharma.

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