India Real Estate Link

To help citizens in filing their property tax returns on time to avail themselves of the offered rebates, the Municipal Corporation of Delhi will open 800 additional collection windows across the city.
MCD Standing Committee Chairman Mr. Vijender Gupta said, “A private company is being engaged and will offer tax- payers the option of making payment online at these newly opened windows by using ‘Itz Cards’. The tax-payer can then collect the receipt of the amount paid on the spot after paying ‘convenience charges’ at 2.4%.”
Mr. Gupta said even if taxpayer did not want to pay through “Itz Cash Card”, there was a provision for calculation of property tax and issuance of a receipt for a payment of ten rupees. The tax-payer could take this receipt to the nearest prescribed bank or MCD office and make the payment there.
Further he said, “The Company will be providing us bank guarantee and security deposit against the tax amount collected to safeguard the civic body’s revenue. They will be allowed to collect tax up to the limit of the security deposit”.