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Delhi Property Owners Get More Time to Grab the 10% Tax Rebate as MCD Pushes Deadline to July 31Business
3 hours ago· 3

Delhi Property Owners Get More Time to Grab the 10% Tax Rebate as MCD Pushes Deadline to July 31

The Municipal Corporation of Delhi has moved the deadline for the 10 percent rebate on lump-sum property tax for FY 2026-27 from June 30 to July 31.

Ravikash GuptaRavikash GuptaSenior Correspondent 2 min read For AI
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There is welcome news for anyone who owns a home or a shop in the national capital. The Municipal Corporation of Delhi (MCD) has extended the window to claim a 10 percent rebate on a one-time property tax payment for the financial year 2026-27. Earlier this offer was open only until June 30, but the last date has now been pushed to July 31. Officials confirmed the change on Tuesday.

Reaching more taxpayers with the discount

According to Delhi Mayor Pravesh Wahi, the step was taken so that the rebate could benefit as many taxpayers as possible. He acknowledged that several taxpayers had been unable to deposit their property tax within the set time for various reasons. The idea behind extending the date, he said, is to make paying tax easier for citizens and to encourage them to pay on time.

A boost expected for civic revenue

In his statement, the Mayor said taxpayers who have not yet cleared their dues will get significant relief from the extended timeline. He added that the move will also lift the corporation's revenue. That money is spent on the city's infrastructure, sanitation, health services, public amenities and other municipal services. On that note, he appealed to property owners to pay their lump-sum tax before July 31 and make full use of the 10 percent rebate.

Electricity consumer account number now mandatory

There is also an important change in the process this time. A corporation official said that supplying the electricity consumer account number has been made mandatory while paying property tax this year.

Heavy load slows down the portal

On the flip side, over the past three days many taxpayers have run into technical glitches on the corporation's portal. People complain that the sluggish website is making it hard to complete their payments. Officials say the portal is seeing very heavy traffic because of the rush of last-minute filers, which is causing the problem.

Collection up 20 percent over last year

The collection figures are encouraging too. According to the corporation, by the evening of Tuesday, June 30, property tax worth 1,260 crore rupees had been deposited in advance. During the same period last year, that figure stood at 1,040 crore rupees. This marks a rise of about 20 percent in collections this time.

What this means for you

  • Across India: Paying property tax on time and in a lump sum not only earns a rebate but also funds city services that ordinary residents rely on.
  • In Delhi: Property owners in the capital can save a straight 10 percent by paying their lump-sum tax before July 31, but this year they must provide their electricity consumer account number.

Questions & Answers

What is the new last date to get the 10 percent rebate?
The last date to claim the 10 percent rebate on lump-sum property tax is now July 31.
Until when was the rebate available earlier?
Earlier, the 10 percent rebate was fixed only until June 30.
Which financial year does this rebate apply to?
The rebate applies to property tax for the financial year 2026-27.
What new detail is now required while paying the tax?
This year, providing the electricity consumer account number has been made mandatory while depositing property tax.
What problem are people facing on the portal?
Over the past three days taxpayers have complained about the portal running slow, which officials attribute to heavy traffic from last-minute filers.
How much tax has been collected so far?
By the evening of June 30, property tax worth 1,260 crore rupees had been deposited in advance, about 20 percent more than the 1,040 crore rupees collected in the same period last year.
Ravikash Gupta
About the authorRavikash GuptaSenior Correspondent Lucknow
ExpertiseIndia News, Global Business, Financial Markets, Cryptocurrency, Blockchain, Stock Market Analysis, Corporate News, Startups, Economic Trends, Digital Assets, Investment Insights

Ravikash Gupta is a Senior Correspondent and Editor covering India news, global business, financial markets, and cryptocurrency. He reports on economic trends, crypto developments, and major market-moving events worldwide.

Ravikash Gupta is a Senior Correspondent and Editor specializing in India-focused reporting and global coverage of business, financial markets, and cryptocurrency. He covers breaking news, economic developments, corporate affairs, stock markets, blockchain innovation, and digital asset trends shaping the modern financial ecosystem. With a strong focus on clarity, analysis, and timely reporting, Ravikash delivers insights into global economic shifts, emerging technologies, startup ecosystems, and the evolving crypto landscape. His work connects macroeconomic trends with real-world market impact, helping readers understand both traditional finance and the rapidly changing world of digital assets.

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#Business#PropertyTax#MunicipalCorporationOfDelhi#MCD#10PercentRebate#PraveshWahi#TaxDeadline#Delhi

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