EDMC to hike parking fee, add 12.5 per cent service tax
14 July 2014 6:22 AM IST
Parking tariffs in East Delhi are set to increase. East Delhi Municipal Corporation (EDMC) will soon start charging 12.5 per cent extra on parking tickets as service tax. Similarly, the corporation will also charge service tax on booking of community centres now.
S Kumaraswamy, commissioner of EDMC informed that the corporation pays service tax to the government on the revenue it earns from parking and booking of community centres. The corporation will now charge this service tax from the residents.
‘We can save a lot if we start charging service tax. The additional funds can be used for other projects,’ said Kumaraswamy.
EDMC charges Rs 10 as parking fee for first 10 hours. The revised rates for the A grade community centres will be Rs 1,875 while for B, C and D grades it will be Rs 938, Rs 563 and Rs 281, per day respectively.
Civic bodies have of late adopted various ways to enhance revenues. Last month, all three civic bodies hiked toll tax for commercial vehicles by 36 per cent.
The three corporations are also looking at introducing Universal Property Identification Code, where all the properties will have a unique code so that the defaulters of property tax are easily identified.
S Kumaraswamy, commissioner of EDMC informed that the corporation pays service tax to the government on the revenue it earns from parking and booking of community centres. The corporation will now charge this service tax from the residents.
‘We can save a lot if we start charging service tax. The additional funds can be used for other projects,’ said Kumaraswamy.
EDMC charges Rs 10 as parking fee for first 10 hours. The revised rates for the A grade community centres will be Rs 1,875 while for B, C and D grades it will be Rs 938, Rs 563 and Rs 281, per day respectively.
Civic bodies have of late adopted various ways to enhance revenues. Last month, all three civic bodies hiked toll tax for commercial vehicles by 36 per cent.
The three corporations are also looking at introducing Universal Property Identification Code, where all the properties will have a unique code so that the defaulters of property tax are easily identified.
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