Property tax is a levy imposed by Pune Municipal Corporation (PMC) on property owners, determined by the assessed value of their real estate. It's an annual tax used to finance public services and infrastructure projects such as schools, roads, and emergency services. The tax amount is calculated by multiplying the property's assessed value by the applicable tax rate set by the local government. Rates and...
In a bid to augment property tax income, the Pune Municipal Corporation (PMC) is actively considering the imposition of an extra tax on student hostels and paying guest accommodations. According to sources within the administration, the civic body has formally submitted a proposal to the standing committee for thorough examination and eventual approval. Given the substantial student populace in the...
As the Pune Municipal Corporation will stay shut for two days, the deadline to fill the PT-3 form–which allows owners of residential properties occupied by themselves to avail 40 per cent concession on property tax–has been extended from 15th November 2023 to 30th November 2023. However, the decision will be signed by the PMC on November 16, when the civic body reopens after the two-day...
Compare listings
Compare