Property Tax Pune

Property tax in Pune is one of the biggest sources of revenue for the state. The Pune Municipal Corporation is in charge of collecting taxes and the amount is decided based on area, location, occupancy, and usage. Payments can also be made online.

Pune Municipal Corporation Property Tax

Property tax is the second largest source of revenue in Pune. Pune Municipal Corporation is solely responsible for levying and collecting property tax payment in Pune. PMC cover more than 6 lakh properties in its purview. Pune has online as well as offline property tax payment facility. The website can be viewed in the local language as well as in English.

Since 1950, Pune Municipal Corporation or PMC has been administering the city and serving the citizens. PMC has taken the initiative for implementing e-Governance. Property tax is levied on a person’s personal property. The property tax are charged on residential house that is either self-occupied or let out, office building, factory building, godowns, flats and shops.

Pimpri Chinchwad Municipal Corporation Property Tax Pune

Pimpri Chinchwad Municipal Corporation(PCMC) is a Municipal Corporation in the city of Pimpri-Chinchwad which is the Urban Agglomeration of Pune. It provides the following services to its citizens: water supply, public health- a solid waste management, sewage and drainage, road and building maintenance, electricity, licenses, education, renting Municipal property, birth and death registration, vaccination, miscellaneous services, food adulterate control certificates and building permission. It also provides various schemes to its citizens as well.

Property tax bills can be paid at Pimpri Chinchwad Municipal Corporation. The taxpayer can pay the bill through cash at the respective ward office and by cheque or money order or demand draft that is to be drawn in the favour of “Commissioner, Pimpri Chinchwad Municipal Corporation, Pimpri, Pune-18”. You need to specify your property tax number and contact number at the back of the cheque.

PCMC Property tax Calculator

Pune Municipal Corporation offers an online calculator for you to self-assess your property tax. You will have to enter the following details:

  • Location
  • Area
  • Usage
  • Type
  • Total plinth area
  • Construction year

You will also get a step-by-step guide to make payments. The property tax can be paid in any Cosmos and HDFC Bank in Pune by cash or by cheque. Net banking option will enable you to save money and avoid extra charges.

Online payments through credit cards, debit cards and cash cards, the additional charges to the amount due are:

  • Visa/ Master credit or debit card: 1 percent of the transaction amount plus service tax
  • Maestro Cards: 1.8 percent of transaction amount plus service tax
  • American Express Cards: 1 percent of transaction amount plus service tax
  • Tax diners: 4 percent of transaction amount plus service tax
  • Prepaid cash cards: 4 percent of the transaction amount plus service tax

There is no additional charges to the amount due if the payments are made through internet banking. Do not attempt for a second transaction unless you have checked if the amount has been debited from your account. At times, there is a good chance that the information has not been updated on the PMC website.

If you want to manually calculate the property tax, then you can use the following formula:

Property Tax = Capital Value X Rate of Tax

Where, Capital value = Base value X Built-up area X Use category X type of building X age factor X Floor factor

The property tax can be paid at any of the ward offices or PMC Sampark offices or at all the HDFC and Cosmos Bank branches in PMC limit. The amount can be paid through cheque, demand draft and money order. It is to be drawn in the favour of “The Assessor and Collector of Tax, P.M.C. Shivajinagar Pune - 411005”. Remember to mention the property tax number and contact number at the back of the cheque.

To make online property tax bill payment, go to https://propertytax.punecorporation.org/. Then you need to click on the ‘pay your property tax online (secured transaction)’ on the homepage of the website. Then you need to enter your property tax number to view and pay the bill. Then enter your mobile number and email id. You can make use of your debit card, credit card, cash card and internet banking to make the payment.

PMC offers rebates in property tax for properties owned by women and ex-servicemen. It offers 10 percent discount to taxpayers who clear their property tax dues between April 1st and May 31st for tax amount not exceeding Rs.25,000 and a 5 percent discount for those whose tax amount exceeds Rs.25,000. Pune citizens are charged a 2 percent fine per month in case of delay in the payments. This can accumulate to 24 percent in a year. The taxpayer has to pay the property tax bill before 30th June of every year to avoid penalty.

Paying PCMC Property Tax in Online

Taxpayer can pay the bill online at the Pimpri Chinchwad Municipal Corporation website: https://www.pcmcindia.gov.in

You need to click on the ‘property and water bill tax’ on the home page. Then click on the property bill, enter your zone number, Gat. Number and milkat number to show and pay the bill. Then click on the payment tab and enter your mobile number and email id. You can use debit, credit or cash cards or even opt for internet banking to make the payment.

News About Property Tax Pune

  • PMC offers amnesty scheme on property tax due to COVID-19

    The Pune Municipal Corporation has stated its decision on giving an extension to the amnesty scheme for property tax till 26th January, 2021. With the impact of COVID-19 and the lockdown, the members of the committee have decided to help property owners to get loans to clear their taxes.

    The amnesty scheme was started in September where the aim was to ensure maximum recovery of property tax and according to the plan, the tax defaulters were required to repay the amount between 2 October and 30 November with an 80% relief in the tax amount.

    However, only the taxpayers who had dues less than Rs.50 lakh were benefited from the scheme. In October and November, around 1.4 lakh citizens had availed the scheme and a total tax of Rs.354 crore was collected.

    10 December 2020

  • Pune Municipal Corporation extends deadline for enjoying property tax sop

    The residents of Pune now will be able to avail of property tax discount till June 30 after the Pune Municipal Corporation (PMC) extended the May 31 deadline for availing the discount by another month as a relief measure for the people who could not avail the benefit of the scheme due to the lockdown triggered by the outbreak of coronavirus.

    A discount of 5-10% discount on property tax is being offered by PMC, if it is paid before the deadline. PMC said that many citizens prefer cash and cheques as mode of payments, but due to the lockdown, they are unable to come out of the house in order to pay the property tax. Hence, in order to help them, PMC decided to give them an extension for around a month.

    A member of the PMC committee said the committee was in the favour of this approval. The decision will be conveyed to the department concerned.

    Civic officials said the PMC levies property tax based on the analytical value of the property. Property tax is charged by the Civic administration for providing multiple facilities to the owners of the property, such as water, drainage and road.

    On an average, the PMC collects Rs 150 crore from the online mode in April. However, this year the amount has gone down and currently stands at around Rs 80 crore.

    Property tax is one of the biggest income source for PMC, which earns around Rs 11,000 crore to Rs 12,000 crore per year through the tax collected from the property owners.

    23 April 2020

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