PMC Property Tax: How to Get a 40% Rebate in Pune?

Introduction

The Pune State Legislative Assembly passed a bill on August 3, 2023. To allow the Pune Municipal Corporation (PMC) to continue providing a 40% discount on PMC property tax for self-occupied residential properties. This decision was made in order to provide relief to homeowners facing financial challenges due to the ongoing economic uncertainties.

Table of Contents

• PMC Property Tax: Eligible for 40% Concession
• Steps to Get PMC Property Tax Deduction
• PMC Property Tax Self Occupancy Proof Documents
• How to Download the PT-3 Form?
• PMC Extended the Property Tax Payment Deadline for Fy24–25
• PMC Provides Call Center Services

The bill also aims to encourage more residents to comply with property tax payments. Ultimately boosting the revenue of the PMC. The discount will be applicable for the next five years, providing homeowners with some stability in their financial obligations. The bill includes provisions for periodic reviews to ensure its effectiveness in achieving its intended goals.

The rebate was introduced around 50 years ago. But it was stalled in 2019. The rebate was originally intended to incentivize consumers to purchase electric vehicles, but due to budget constraints and shifting priorities, it was put on hold indefinitely. The PMC continued collecting complete property taxes from property owners as of April 1, 2019.

PMC Property Tax: Eligible for 40% Concession

Do you live in Pune? However, Pune Municipal Corporation has to pay property tax. It is important to know when property payers will get a subsidy from the government if they pay tax. You can avail of the discount by following the process given below.

• All properties surveyed under the Geographic Information System (GIS) will get property tax bills reflecting a 40% reduction.
• All properties registered between April 1, 2018, and March 31, 2023, yet not availing of the 40% PMC property tax deduction, should fill out the PT-3 application form.
• Properties registered before April 1, 2019, need not fill out the PT-3 application form.

Steps to Get PMC Property Tax Deduction

40% concession in property tax can be availed in Pune, which has been re-implemented by Pune Municipal Corporation. For that, property owners registered with the corporation as of April 1, 2019, will have to submit proof of self-occupancy of the property.

• Property owners are required to obtain a No Objection Certificate (NOC) from the society. It states that the property is used for personal purposes and is not rented out.
• Property owners are also required to submit Form PT-3. Rs. 25 fees to the nearest ward office or tax inspector.
• The property owner should provide proof of all other properties he owns in Pune.
• All documents should be submitted through Pune Municipal Corporation Property Tax.
• Residents who fail to submit proof will have to pay the property tax amount in full (without any concession).

PMC Property Tax Self Occupancy Proof Documents

Properties payer has to show PMC property tax self-occupancy proof documents. Because it is necessary to show that you are the real owner of this property. So, you need this document.

• No Objection Certificate (NOC) of Housing Society.
• Voting card
• Passport
• Legally qualified to drive a vehicle
• Ration card
• Gas connection card

How to Download the PT-3 Form?

Below are step-by-step instructions on how to download the PT-3 form.

• To download the PT-3 form, log on to https://propertytax.punecorporation.org/. At the bottom of the page, click on the PT-3 form listed below.
• Then you can also click on the Forms button on the right side panel.
• You can access the PT-3 form in Marathi and English. Fill out the form and follow the above-mentioned procedure.
• The forms shown below are for your use, which you have to download from the official website of PMC.

PMC Extended the Property Tax Payment Deadline for Fy24–25

Pune Municipal Corporation has extended the deadline for payment of property tax for FY24–25 from May 31 to June 15, 2024. Taxpayers are encouraged to make their payments by the new deadline to avoid any penalties or late fees. The extension was granted in response to feedback from residents facing financial challenges.

It enables the availing of 5 and 10% property tax rebates offered by the municipal body on timely payment. Many property owners were unable to pay property tax online in Pune due to technical glitches. Also, to help people paying property tax offline. its civic amenities centers open on Saturdays, Sundays and public holidays from 9 am to 9 pm.

PMC Provides Call Center Services

PMC has taken a special decision to collect properties tax of around Rs. 8,500 crores. A call center was opening to implement that decision. The civic body has launched a target of 50,000 calls per month. This call center is also active on weekends. “The administration wants to intensify the recovery drive. Further steps will be taken from the headquarters and ward offices,” explained Madhav Jagtap, head of PMC’s property tax department.

• Toll-Free Number: 1800 1030 222
• Call Center working hours: 7 am to 11 pm
• Fax: 020-25501104
• Email: propertytax@punecorporation.org

Conclusion

Paying the Pune Municipal Corporation property tax is mandatory. Failure to pay the Properties tax can result in penalties and legal consequences. So, it is important to ensure that all payments are made on time. By fulfilling this obligation, residents are supporting the development and upkeep of essential infrastructure and amenities within the city. Therefore, properties owners must prioritize their property tax to avoid any issues in the future. For more information, visit openplot.

Frequently Asked Questions