Delhi Lieutenant Governor Vinai Kumar Saxena Tuesday launched a one-time property tax amnesty scheme “SAMRIDDHI 2022-23”, saying it will provide a major relief to lakhs of residential and commercial property owners in the city.
SAMRIDDHI, an acronym for Strengthening and Augmentation of Municipal Revenue for Infrastructure Development in Delhi, will start on October 26 and end on March 31, 2023, with no further extensions.
Under the scheme, residential property owners can pay just the principal property tax amount of the current and of the past five years. For commercial properties, owners can pay the principal amount case of the last six years and get a waiver on past pending dues, including penalty and interest, according to an official statement.
