New Delhi, Feb. 25 -- In a big relief to the people of Delhi, the Municipal Corporation of Delhi (MCD) has announced a house-tax waiver scheme, allowing residents to clear their house tax dues of 2024-25 and have all previous pending taxes written off.

Additionally, in the next financial year, 100 percent of house tax on 100-yard homes and residential-area shops will be scrapped, while properties between 100-500 yards will get a 50 percent waiver. For the first time, 1,300 housing societies - previously ineligible - will receive a 25 percent rebate. This transformative proposal is set to be passed in the MCD House on February 25.

After losing the turf to BJP in governing the national Capital, the Aam Aadmi Party (AAP)-led MCD on Monday ...