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NEW DELHI: In a major relief to thousands of industrial units operating in the national capital, the Municipal Corporation of Delhi (MCD) has abolished the requirement for obtaining and renewing factory licences from the civic agency. In the notified industrial areas, under the new system, the Factory Licence Fee will be fixed at 5% of the Property Tax. It will be collected annually along with Property Tax, simplifying both payment and compliance. For industrial units in designated industrial ...Read More >
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