SAMRIDDHI Yojana launched by Delhi’s Lieutenant Governor Vinay Kumar Saxena

Current Affairs

  • Delhi Lieutenant Governor launched a one time property tax amnesty scheme ‘SAMRIDDHI 2022-23’, which waives past pending dues if a residential or commercial property owner pays tax and dues for current year plus previous five and six years respectively.
  • Commercial property owners can pay the principal amount for the last six years (FY 2016-17 to 2021-22) and get exemption on past pending dues including penalty and interest made prior to 2016-17.
  • If the taxpayer fails to settle his tax arrears by 31st March of the following year, he is liable to pay all the tax arrears along with penalty and interest since 2004 or from whichever year the wealth tax is pending.
  • Strict steps will be taken for recovery of tax dues with effect from 1st April, 2023.

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