PMC Property Tax 2024: How to Pay Property Tax Pune Online and Offline

Pune property taxes can be paid both online and offline. Discover how to make PMC property tax payments through the online portal. Check your PMC property tax bill and get your receipt online.

Updates on PMC Property Tax

PMC Property Tax Department to Issue Pune Property Tax Bills via Speed Post Beginning April 1, 2024

Mar 19, 2024: The PMC property tax department has declared that Pune property tax bills will be sent to taxpayers via speed post beginning April 1, 2024. The department has taken this initiative to ensure that property tax bills are delivered promptly and payments are made on time. This will also benefit citizens who do not receive their bills electronically. They will receive hard copies of their bills and be able to pay their Pune property taxes on time.

According to Pune Municipal Corporation officials, 2.5 lakh taxpayers will receive their property tax bills via speed post during the initial phase of the activity. The municipal corporation has urged all city taxpayers to update their addresses with the department so that they can receive their property tax bills without difficulty.

PMC Establishes Special Centre to Recover PMC Property Tax

Mar 12, 2024: The Pune Municipal Corporation has established special call centres to recover PMC property tax in Pune. The authority expects to recover around Rs 8500 crore by making approximately 50,000 calls per month and 1000 to 1200 calls per day. For the first time, a municipal corporation has chosen to communicate directly with tax defaulters. Calls will be made on both weekdays and weekends. The Pune Municipal Corporation (PMC) intends to intensify the drive, and follow-ups will be conducted.

About PMC Property Tax

Pune is a rapidly growing city near the metropolis of Mumbai. If you own a property in Pune, you must pay the PMC property tax. Learn how to pay your property tax and view your PMC property tax bill conveniently online. Pune is a significant real estate market due to its proximity to the megacity. It functions as both an industrial and educational hub. The city boasts some of the best infrastructure planning. It is also emerging as a smart city. All of these factors make owning property in this area a profitable investment. Are you looking to buy property in Pune? Find out how to pay PMC property taxes online, as well as tax rebates, offline payment options, and more.

Overview of PMC Property Tax

The Pune Municipal Corporation (PMC) was established in February 1950. It has demonstrated capable administration in the city for more than 70 years. It manages infrastructure, electricity, water, and other facilities. It has collected property taxes for both commercial and residential properties. Its jurisdiction includes over 6 lakh properties. The population of PMC is approximately 3.4 million. It covers an area of approximately 331.26 square kilometers. If you own a shop, go-down, office space, factory, or home, you are required to pay PMC property tax. This revenue is used to fund development projects in Pune.

How to View PMC Property Tax Bills Online

Your first concern should be to review your PMC property tax bill. Your bill shows the amount of the pending PMC property tax.

The first step is to go to the PMC property tax website (propertytax.punecorporation.org). This extensive page includes all property and tax options.

As soon as you arrive at the page, select 'Tax Bill'. You'll get to the bill details page.

Fill out the details in each box on the bill details page and click 'Submit'. You will see the bill amount on the screen.

PMC Property Tax Calculation

Many citizens prefer to pay their taxes in full or over a six-month period. In this case, you may want to calculate your PMC property tax before receiving the bill. Property tax is computed by multiplying the tax rate by the property's capital value. The following are the factors that determine the capital value of the property:

Building type

Age factor

Floor factor

Usage

Base value

Built-up area

The PMC website provides an online calculator that will calculate your PMC property tax in seconds.

You must go to the official PMC property tax website, https://propertytax.punecorporation.org

Choose the option 'Tax Calculator'. This will take you to the calculator webpage.

Fill in the details such as 'peth's' name, carpet area, construction type, and year. Click the 'Submit' button.

Property Tax Pune - Online Payment

PMC provides simple and straightforward methods for obtaining the PMC property tax bill and payment options. Online payment of PMC property tax also results in a 2% rebate. There are two ways to get to the property tax details page.

Option 1: Go to the property tax website https://propertytax.punecorporation.org and choose the online payment option.

If you select the NEFT/RTGS or Online option, you will be directed to the property tax details page.

Option 2: Go to the home page of PMC's government portal, https://www.pmc.gov.in/en/ptax

Select 'Online Services' from the dropdown menu at the top and then 'Pay Property Tax'. This will take you to the property tax detail page.

Before submitting, you must enter the property type, section, and account number.

Check the property owner's information as displayed on the page.

You can enter the amount you want to pay. Confirm the mobile number and email address. Also, choose the method of PMC property tax payment.

PMC Property Tax - Offline Payment

To pay PMC property tax offline, you must visit one of the tax payment centers. Cash, demand drafts, and checks can all be used to make payments offline. Some of the centers you can visit are listed below.

There are ward offices in Pune Municipal Corporation.

PMC has installed PMC property tax payment kiosks.

PMC has authorized some branches of Bank of Maharashtra, Cosmos Bank, HDFC, and ICICI banks.

PMC has also set up citizen facilitation centers.

Rebates for PMC Property Tax

You are eligible for a 2% rebate if you pay your PMC property tax online.

If you pay your entire annual tax bill by the end of May, you will be eligible for some rebates. You are eligible for a 10% rebate if the rateable value is less than (up to) INR 25000. If the purchase price exceeds INR 25000, you will receive a 5% rebate.

Individuals who have no outstanding debts are eligible for an additional 5 lakh in accidental insurance coverage.

If you install any of the solar, vermiculture, or rainwater harvesting projects on your residential property, you will receive a 5% discount. If the society completes two of these projects, it will receive a 10% municipal tax discount.

Properties used for public, worship, or religious purposes are exempt from taxation. Properties registered as charitable trusts/institutions are also exempt from paying PMC property taxes.

Residential property owners can receive a 40% tax break if they have 40% disabilities.

Women, ex-servicemen, freedom fighters, and their families are also eligible for a 50% rebate on their PMC property taxes.

PMC Property Tax - Points to Remember

There is no additional charge for making payments through internet banking. However, payments made with cash, debit, or credit cards incur additional fees in addition to the payment amount.

PMC imposes a 2% late payment fine each month.

After paying the PMC property tax, make sure that the updated record is reflected in the system.

PMC has started geotagging properties with Geographic Information System technology.

Pune Municipal Corporation is also known as Mahanagar Palika.

Aside from PMC property tax payments, the website provides services such as NOC, title transfer, and application forms.

Multiple options exist for easy online payment of PMC property taxes. Choose between NEFT/RTGS, net banking, other cashless payment methods, and even mobile payments.

The PMC property tax payment period is divided into two halves of the year. Pay by May 31st for the first half, and December 31st for the second.

PMC frequently announces amnesty schemes to accommodate late payments of PMC property taxes.

The PMC property tax collected more than Rs. 1845 crore in fiscal year 2022-23.

How to Contact the Pune Property Tax Department?

There are several ways to contact the Pune Property Tax Department's help and support team.

Phone: The Pune Property Tax department's toll-free helpline number is 1800 1030 222.

Email: To contact PMC (Pune Municipal Corporation), send an email to info@punecorporation.org.

Fax: Please send important documents to the team at 020 25501104.

You can also contact the team offline by visiting their office in Shivajinagar, Pune. The PMC office's address is PMC Building, Near Mangla Theatre, Shivajinagar, Pune - 411 005, Maharashtra, India.

Summing Up - PMC Property Tax

PMC is the administrative body in charge of collecting PMC property taxes on all residential, commercial, and institutional properties in Pune. The payment of PMC property tax has been simplified by providing both online and offline options. There are several options for making an online payment for Pune property tax. PMC has established a number of locations and centres where you can make an offline payment. PMC also offers a variety of rebates to encourage tax payment. Paying by the due date earns you a 2% rebate.

Check Out Flats for Sale in Pune