Pimpri-Chinchwad civic body extends tax relief scheme till 31 August
Cement

Pimpri-Chinchwad civic body extends tax relief scheme till 31 August

The Pimpri-Chinchwad Municipal Corporation (PCMC) has extended its property tax relief scheme for the current financial year till August 31, giving some relief to taxpayers amid the ongoing Covid-19 pandemic.

The PCMC's property tax department has urged citizens to pay tax before the increased last date to avail benefits of the relief scheme. Under the twin Town's civic body, there are 5,51,071 properties.

This involves residential as well as commercial and industrial use properties.

Property tax can be paid either in the first half of the fiscal year, from April to September, or in the second half, between October and March.

Earlier, the general tax exemption was announced for property owners who paid their bills fully in advance by June 30. Due to the Covid-19 pandemic, the concession scheme was increased till July 31.

One of the biggest income sources for the Pune civic body is property tax. Amid this ongoing pandemic, the PCMC has extended the tax relief scheme in order to provide some relief to the taxpayers. Another major income source for the PMC is revenue from building permits. The PMC has 10.81 lakh properties. The merger of 23 villages in the PMC is also going to raise the property's number in its tax ambit in the current financial year.

Image Source


Also read: Ahmedabad Municipal Corporation extends property tax deadline

Also read: Pune civic body proposal to increase property tax on approval

The Pimpri-Chinchwad Municipal Corporation (PCMC) has extended its property tax relief scheme for the current financial year till August 31, giving some relief to taxpayers amid the ongoing Covid-19 pandemic. The PCMC's property tax department has urged citizens to pay tax before the increased last date to avail benefits of the relief scheme. Under the twin Town's civic body, there are 5,51,071 properties. This involves residential as well as commercial and industrial use properties. Property tax can be paid either in the first half of the fiscal year, from April to September, or in the second half, between October and March. Earlier, the general tax exemption was announced for property owners who paid their bills fully in advance by June 30. Due to the Covid-19 pandemic, the concession scheme was increased till July 31. One of the biggest income sources for the Pune civic body is property tax. Amid this ongoing pandemic, the PCMC has extended the tax relief scheme in order to provide some relief to the taxpayers. Another major income source for the PMC is revenue from building permits. The PMC has 10.81 lakh properties. The merger of 23 villages in the PMC is also going to raise the property's number in its tax ambit in the current financial year. Image Source Also read: Ahmedabad Municipal Corporation extends property tax deadline Also read: Pune civic body proposal to increase property tax on approval

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?