Property Tax Collection in Pune Surpasses Expectations, Rs 120 Crore Collected in Just 10 Days

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Pune, 26th May 2023: The Pune Municipal Corporation (PMC) has initiated the distribution of property tax bills, with over 1.052 million citizens having already received their bills through the corporation’s website.

However, there are still approximately 150,000 citizens eagerly awaiting their bills, which are currently being processed. In order to ensure timely delivery, printed bills have commenced being dispatched via postal services, with the expectation that they will reach citizens by the end of this month.

Following the settlement of a 40 percent discount on property tax, the Municipal Corporation began accepting tax payments on May 15. In a span of just 10 days, from May 15 to May 25, an impressive sum of Rs 120 crore has been collected, bolstering the coffers of the Municipal Corporation. To incentivize prompt payment, a deadline of July 31 has been established, offering a 5 to 10 percent discount for those settling their taxes later than the initial due date. As a result, the corporation anticipates generating revenue exceeding Rs 1000 crore during this two-and-a-half-month period.

Since May 15, a total of 10.6 lakh online bills, incorporating the aforementioned 40 percent discount, have been made available. Work is currently underway to create an additional 150,000 bills. Out of the 750,000 bills scheduled for postal delivery, approximately 450,000 have already been printed and dispatched. The remaining bills are expected to be sent out by May 31.

The Municipal Corporation possesses email addresses and mobile numbers for approximately 15 lakh citizens. In previous years, citizens were routinely notified via email and text message, containing their respective bills and payment links, resulting in increased online bill payments. However, this year, the responsibility for this service has been transferred to a new company. Unfortunately, as the new company has yet to establish this facility, no messages have been sent to citizens thus far.