New Delhi, Sept. 30 -- The Municipal Corporation of Delhi (MCD) has announced a new property tax amnesty scheme, 'Sampattikar Niptaan Yojana (SUNIYO) 2.0', to settle old property tax dues. Chairperson of the standing committee Satya Sharma said on Tuesday that taxpayers can avail the scheme by paying the principal property tax for the current financial year 2026-27 and the previous seven financial years, from 2019-20 to 2025-26. This will provide relief from outstanding dues, interest and penalties pertaining to the period before 2019-20. Under the scheme, taxpayers with a total liability of Rs.5 lakh or more can pay the amount in equal instalments during the scheme period. However, if the entire liability is not paid within the stipulated period, the scheme's benefit will cease. The scheme will remain effective from September 29 to December 31, 2026. "'One Plus Seven' refers to one current financial year and previous seven financial years, where paying principal tax within stipulated period will provide relief from interest and penalties on dues prior till 2019-20," Sharma said.htc...