Tag: Property tax in Pune

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Maharashtra to Set Discounted Property Tax Rate This Week

PUNE: The state government and Pune Municipal Corporation (PMC) officials are set to meet on Wednesday to finalize the future approach regarding property tax implementation at discounted rates in 32 merged areas. Residents from these merged areas are requesting that the state impose property taxes at reduced rates, arguing that the PMC has levied heavy taxes following the integration of these regions into municipal limits. Last year, the state government directed the PMC to levy “twice the property tax rate charged by the grampanchayat before the merger,” in response to citizen demands. However, PMC officials stated they could not comply…

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Pune: Property Tax Discounts for Green Buildings Double in 6 Years

PUNE: The Pune Municipal Corporation (PMC) recently released its Environment Status Report (ESR), highlighting that the number of beneficiaries receiving discounts on property tax for adhering to green building norms has doubled over the past six years. This raises a critical question: Are these positive outcomes visible on the ground? Citizens, activists, and experts are calling for improved oversight of compliance by local authorities. The ‘green discount’ offers property owners a 5-10% reduction in property tax if they have installed solar and vermicomposting systems. According to PMC’s ESR, around 86,000 property owners benefitted from this incentive in 2019-20, which surged…

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Property Tax Suspension Continues in Pune Merger Areas

PUNE: Madhuri Misal, the Minister of Urban Development, clarified on Tuesday that there has been no coercive tax collection from residents in areas merged into the Pune Municipal Corporation (PMC) territory, and this process has been temporarily halted. Misal was responding to queries from Khadakwasla MLA Bhimrao Tapkir, who expressed concerns about the proposed property tax structure. Tapkir noted that the new rates set by PMC significantly exceed the previous panchayat fees, leading to dissatisfaction among locals. Furthermore, some residents reported receiving inaccurate and inflated tax bills. Misal assured that there were no mandatory compliance measures from the administration; some…

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Pune Extends Property Tax Discount Deadline to July 7

PUNE: The Pune Municipal Corporation (PMC) has extended the deadline for property tax payments at discounted rates to July 7, an extension from the original June 30 deadline. According to PMC officials, citizen facilitation centers (CFCs) are available for residents to pay taxes in person. “We have also launched an online payment facility for taxpayer convenience. Property owners are encouraged to pay their taxes on time to avoid last-minute congestion,” stated Avinash Sapkal, head of the property tax department. The PMC offers property owners a 5-10% discount if taxes are paid by May 31. This year, due to delays in…