Delhi's Toll Tax Tussle: MCD's Demand for Compensation
The MCD has requested the Delhi government to provide Rs 900 crore annually in exchange for eliminating border toll-tax collections. Despite meetings, the civic body hasn't received a response. Toll tax is a major revenue source, and the lack of this income could significantly impact the MCD's finances. The issue remains unresolved.
- Country:
- India
The Municipal Corporation of Delhi (MCD) has reiterated its demand to the city government for Rs 900 crore annually as a condition for abolishing toll tax collections at Delhi's borders.
MCD officials expressed their willingness to discontinue toll booths, which contribute to traffic congestion, but emphasized the necessity of compensating for lost revenue.
The MCD has not received a government response despite previous communications, highlighting the urgency of addressing the revenue gap caused by potential toll tax removal.
- READ MORE ON:
- Delhi
- MCD
- toll tax
- revenue
- traffic congestion
- finance
- government
- compensation
- property tax
- transport
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