Income Tax 19 October 2026
NDMC Proposes New Property Tax Regime for Lutyens' Delhi
NDMC drafted a unit‑area property tax system for Lutyens' Delhi, proposing 20‑30% cuts for many owners. Public comments are invited until Oct 23, after which the council may approve the new regime to improve revenue and address affordability. The proposal aims to balance fiscal needs with resident concerns.
NDMC's new tax proposal
- Unit‑area based property tax for Lutyens' Delhi.
- Expected 20‑30% reduction for many owners.
- Public feedback open until Oct 23.
The council will review comments and could finalize the regime to boost municipal revenue while easing the tax burden. For full details, see the Hindustan Times article.
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