Tag: Bihar Municipal Act 2007

Latest StoriesRegulatory

Patna Civic Body Sees Tax Surge After ARV Revision

PATNA: The Patna Municipal Corporation (PMC) has increased the Annual Rental Value (ARV) for properties by 15%—the first adjustment in nearly 30 years. This change, effective from June 24, 2026, aims to enhance civic revenues to improve infrastructure, including roads, drainage, sanitation, and street lighting. Additionally, PMC is offering a 5% discount for lump-sum property tax payments made by June 30 for the fiscal year 2026–27. Average daily receipts have surged from approximately ₹50 lakh to nearly ₹70 lakh. On Thursday alone, the civic body collected over ₹68 lakh from 1,480 properties by 3:33 PM—a significant increase following the implementation…

Latest StoriesRegulatory

Patna civic body collects ₹1 crore in special tax drive

Representative AI image PATNA: The Patna Municipal Corporation (PMC) successfully collected around Rs 1 crore in property tax within just two days through a targeted recovery initiative. A six-member flying squad visited various wards to collect outstanding dues from property owners with arrears exceeding Rs 50,000. Municipal Commissioner Yaspal Meena convened a review meeting on Friday with revenue and executive officers to streamline further collection efforts. Officials warned that property owners who do not settle their dues by the deadline risk having their bank accounts frozen and their properties attached. The corporation has already issued notices to major defaulters, prohibiting…

Latest StoriesResidential

Property Tax to Increase for 5,000 Households in Patna

PATNA: The urban development and housing department (UDHD) has upgraded 19 main roads to the ‘principal main road’ (PMR) category, affecting over 5,000 households who will now face approximately 1.5 times higher residential property taxes. This significant change in property tax assessment for the Patna Municipal Corporation (PMC) comes after UDHD’s approval. The UDHD announced the upgrade of roads on May 19, leading to the PMC’s notification on December 2. A list of 112 newly classified roads has been released by the PMC. Of these, 43 roads are now designated as PMRs, and 69 are classified as main roads. Prominent…