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Core Purpose

Notification increasing the Municipal Corporation of Delhi's Transfer Duty rate on property registrations exceeding Rs. 25 lakh, under Section 147(2)(b) of the Delhi Municipal Corporation Act, 1957.

Detailed Summary

This notification, issued by the Department of Urban Development, Government of National Capital Territory of Delhi (F. No. 13(479)/UD/LB-I/Duty on Transfer/2023/CD:021726408/249, dated 10 July 2023), publishes for general information Municipal Corporation of Delhi Notification No. A&C(HQ)/TD/2023-24/1464, dated 6 July 2023, by which the Municipal Corporation of Delhi, in exercise of powers under Section 147(2)(b) of the Delhi Municipal Corporation Act, 1957, increases the rate of Transfer Duty from 2% to 3% in the case of female (including third gender) registrants and from 3% to 4% in the case of male and other entities, with effect from the date of publication of the notification. The enhanced rate applies only to registration of instruments with a value exceeding Rs. 25 lakh; there is no change in the Transfer Duty for instruments with a registration amount up to Rs. 25 lakh. The Municipal Corporation of Delhi notification is signed by Kunal Kashyap, IRS, Assessor & Collector, MCD, and the Department of Urban Development notification is issued by order of K. S. Meena, IAS, Special Secretary (Urban Development).

Full Text

4421 DG/2023 (1) रजिस्ट्री सं. डी.एल.- 33002/99 REGD. No. D. L. -33002/99 EXTRAORDINARY PUBLISHED BY AUTHORITY PART IV GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI ubZ fnYyh] 10 tqykbZ] 2023 F.13(479)/UD/LB -I/Duty on Transfer/2023/CD : 021726408/249. — ( ) ubZ fnYyh] 6 tqykbZ] 2023 A&C(HQ)/TD/2023 -24/1464 .—fnYyh uxj fuxe vf/kfu;e] 1957 dh /kkjk 147¼2½¼ch½ }kjk iznRr 'kfDr;ksa dk iz;ksx djrs g q,] fnYyh uxj fuxe LFkkukarj.k ' kqYd dh nj] efgyk ¼rhljs fyax lfgr½ ds ekeys esa 2 % ls 3% vkSj iq:’k vkSj vU; ¼;kuh dksbZ vU; bZdkbZ½ ds ekeys esa 3 % ls 4% c<+krk gS tks fd bl vf/klwpuk ds izdk' ku dh frfFk ls izHkkoh gksxkA ;g o`f} 25 yk[k :i;s ls vf/kd jkf' k okys fy[kr iathdj.k ds सं. 222] दिल्ली , सोमवार, िुलाई 10, 2023/आषाढ़ 19, 1945 [रा.रा.रा.क्षे.दि. सं. 141 No. 222] DELHI, MON DAY , JULY 10, 2023 /ASHADHA 19, 194 5 [N. C. T. D. No. 141 GOVERNMENT OF INDIA SG-DL-E-11072023-247216 2 DELHI GAZETTE : EXTRAORDINARY PART IV] fy, ykxw gS] ysfdu 25 yk[k :i;s rd dh iathdj .k jkf'k okys fy[kr ij LFkkukarj.k ' kqYd esa dksbZ cnyko ugha fd;k x;k gSA dq.kky d' ;i] vkbZ vkj ,l] dj fu/kkZjd ,oa lekgrkZ vkns'k }kjk] ds- ,l- eh.kk] vkbZ , ,l] fo' ks’k lfpo ('kgjh fodkl ) DEPARTMENT OF URBAN DEVELOPMENT New Delhi, the 10th July, 20 23 F. No. 13(479)/UD/LB -I/Duty on Transfer/2023/CD: 021726408/ 249.—The following is published for general information and necessary action: - MUNICIPAL CORPORATION OF DELHI (Assessment and Collection Department ) NOTIFICATION New Delhi , the 6th July, 2023 No. A&C(HQ)/TD/2023 -24/1464 .—In exercise of the powers conferred by Section 147(2)(b) of the Delhi Municipal Corporation Act, 1957, the Municipal Corporation of Delhi hereby increases the rate of Transfer Duty from 2% to 3% in case of female (including third gender) and from 3% to 4% in case of male & others (i.e. any other entity) with effect from the date of publication of this Notification. This enhancement is applicable for registration of instruments having the amount more than Rs.25 lakhs but there is n o change in the Transfer Duty on instruments having registration amount upto Rs 25 lakhs KUNAL KASHYAP, IRS , Assessor & Collector, MCD By Order , K. S. MEENA, IAS , Spl. Secy . (UD) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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