The Municipal Corporation of Delhi (MCD) today proposed a five per cent increase in house tax in all categories as it unveiled its budget for the next fiscal.

In his budget speech, MCD Commissioner K S Mehra said he was proposing a five per cent hike in house tax rates in all categories.

The budget proposals were presented at a special meeting of the MCD Standing Committee. Mr. Mehra presented the Revised Budget Estimates for 2010-2011 and the Budget Estimates for 2011-2012 at the meeting.

The MCD budget for 2010-11 had reached Rs 6,346 crore.

A senior leader of the ruling BJP in MCD said they will take a “final decision” on the proposed increase in house tax only “only after a proper debate and keeping the interests of the people in mind“.

Last year too, the Commissioner had mooted an across-the-board five per cent increase in tax rates but the Standing Committee had revised the proposal and went in only for a marginal hike.

Keywords: New DelhiMCDHouse taxBJP

More In: Delhi