Retailers in Delhi’s costliest markets, including Khan Market and Connaught Place, have urged the New Delhi Municipal Corporation (NDMC) to quickly implement a revised property-tax calculation method. The New Delhi Traders Association says NDMC property tax can be as high as 25% of rent collected, compared with just 2–3% in other Delhi areas under MCD. They argue for “one city one tax,” saying traders across upscale areas should not face different effective tax rates.
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