The Pune citizens will now be in relief as the Pune Municipal Corporation (PMC) stood against the increase in the property tax for the coming financial year.
PMC Administrator said “The current property tax slab will be carried forward for the next financial year as well. This is the official decision from the PMC.”
The PMC officials also clarified that the plan was on the list to increase the property tax by almost 11% but now it will not be executed.
The senior official from the tax department of PMC said “At present, an administrator is leading the PMC operations. So, no officially elected members are there in the civic body. And increasing the tax during the unavailability of people’s representative will be inappropriate.”
During the last financial year, the municipal corporation collected Rs. 479 crores through the amnesty scheme for property tax defaulters. This scheme helped 1.49 lakhs property owners to pay their past dues. Under this scheme, PMC also offered an 80 percent discount on the penalty amount of the property tax.
As per the officials of PMC, The key source of revenue for the administration are property tax, GST, government aid, building permissions, etc,
