Lifestyle

SDMC goes cashless, to receive digital payments for taxes above Rs 500

[ecis2016.org] Giving a boost to the centre’s cashless policy, the South Delhi Municipal Corporation, has made it compulsory for tax payments above Rs 500, including property tax, to be paid digitally

Receipts of tax on sale of land and buildings, conversion to freehold, development charges from private parties, car parking charges, trade licenses, booking of community centers for weddings, tax on advertisement and registration of pet dogs have been made fully cashless, by accepting payments through debit cards, credit cards, PayValet and internet banking, a senior official of the South Delhi Municipal Corporation (SDMC) said.

You are reading: SDMC goes cashless, to receive digital payments for taxes above Rs 500

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The civic body official stated that the decision was taken by SDMC commissioner Punit Kumar Goel, in view of the Digital India campaign and it emphasised the need for adopting cashless transactions. The payments related to property tax, theater tax, tax on building application, escrow account of conversion charges, tax on horse-drawn vehicles, milch tax, Tehbazari, all fees and fines, rent and income from auction, miscellaneous receipts and registration of birth and death charges, will be received in cash only up to Rs 500. Amounts above Rs 500 will be accepted through debit cards, credit cards, PayValet and internet banking, he said.

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One-time charges on new vehicles, mixed use charges of municipal land, one-time parking charges on vehicles, toll tax and deficiency charges and development charges, will be accepted only through Real Time Gross Settlement (RTGS), he said. The electricity tax will also be payable through RTGS and National Electronics Fund Transfer (NEFT), the official said.

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle

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