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Pune civic body earns Rs 40 crore property tax in a week

Dated on: Wednesday 24th May 2023

It has been one week since the property tax bills were issued, and the civic administration has accumulated a sum of Rs 40 crore through this levy. The Pune Municipal Corporation (PMC) has introduced a favorable initiative by granting a 40% reduction on property tax for self-occupied properties, following the approval of the scheme by the state government. According to the official notification, properties that were registered after the year 2019 and had previously missed out on availing the discount will now undergo evaluation.

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