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  Metros   Delhi  08 Dec 2017  EDMC: Budget calls for new taxes, education cess

EDMC: Budget calls for new taxes, education cess

THE ASIAN AGE.
Published : Dec 8, 2017, 7:00 am IST
Updated : Dec 8, 2017, 7:00 am IST

Ranbir Singh, while presenting the budget at the EDMC headquarters here, said air purifiers would be installed at the Chest Clinic at Shahdara.

“A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore,” the budget document read. (Representational image)
 “A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore,” the budget document read. (Representational image)

New Delhi: The East Delhi Municipal Corporation (EDMC), on Thursday, proposed to implement two new taxes and an education cess in its budget estimates for 2018-19, which also includes a plan to develop an entomology laboratory and a training centre for combating mosquito-borne diseases.

Commissioner Ranbir Singh, while presenting the budget at the EDMC headquarters here, said air purifiers would be installed at the Chest Clinic at Shahdara.

“The EDMC proposes an education cess of 5 per cent of the property tax. It would add Rs10 crore to the funds of the corporation annually. This amount would be used for educational purposes,” he said. The EDMC budget also proposed a betterment tax at the rate of 15 per cent of the property tax. This would generate an additional revenue of Rs 10 crore annually, the civic body said.

“A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore,” the budget document read.

“An agreement has been signed with IIT Delhi for better management of the Ghazipur landfill site and stabilisation of its slope. Besides, the science and technology department of the Union government has been requested to constitute a special advisory committee for the management and reclamation of the Ghazipur landfill site,” said Mr Singh.

EDMC launched the project ‘Waste Efficient Collection and Recycling’ (We Care) in order to control non-recyclable solid plastic waste and collection and processing of Multi Layered Plastic (MLP) at Ghazipur waste-to-energy plant.

Multi-storey parking is being developed at Krishna Nagar with a cost of Rs 23crore. It would be completed by June 2018. Multi-storey or stack car parking would be developed at Aditya Arcade in PreetVihar, Geeta Colony, Babarpur, and Nand Nagri.

There is a proposal to develop a car parking on the PPP model at Laxmi Nagar, Vikas Marg, and District Centre Complex. Thirty such places have been identified where parking facilities would be developed.

Tags: east delhi municipal corporation, education cess