Property Tax in Pune & How to Pay Property Tax in Pune to PMC Online?

Property tax amount depends on the usage, location, occupancy, and area of the property concerned. If we talk about Pune, this city is continuously evolving and has become a favourable real estate location, owing to its closeness to Mumbai. As the commercial and residential units of the city are booming, Pune Municipal Corporation is collecting more and more revenue from property tax. The PMC collected approximately ₹1963 crore in 2022-23. As compared to the prior financial year, the tax collection jumped by 10%.

But visiting the PMC office for tax payments is time-consuming. To make the process of paying property tax in Pune simple, the Maharashtra government has shifted it online. This not only promises a hassle-free way of tax payment, but also assures transparency at every level.

Purpose of Paying Property Tax

The PMC property tax plays a vital role in funding and maintaining essential services and infrastructure in Pune. Here, this article has explored the key components of PMC property tax, including its calculation method, usage, and impact on residents and businesses.

PMC property tax is primarily determined based on the property's valuation, location, and usage. It serves as a significant revenue source for the Pune Municipal Corporation, enabling them to provide essential services such as waste management, water supply, road maintenance, and education, among others.

Moreover, understanding the various exemptions and deductions available can be beneficial for property owners to optimise their tax liabilities. Timely payment of property tax not only avoids penalties but also supports the continuous development and upkeep of the city.

How to Check PMC Property Tax Bill Online

Before you pay the property tax, it is important to check the bill. This will tell you the pending bill amount. Therefore, it will come in handy if you know how to check PMC property tax bill online.

1. Visit the official website for tax payment – propertytax.punecorporation.org.
2. You will see numerous options. Select “Tax Bill” and you will reach the bill page.
3. Fill in your details (PETH ID, section ID, property type, and account number) and you will get all your property tax-related information. This will tell you the amount due.

Procedure to Pay Property Tax Online in Pune

Here are the steps to check and pay your property tax online –

1. Visit the official tax payment page and choose the payment option.
2. Choose between RTGS/NEFT or online UPI payment. You will be directed to the tax details page.
3. You will reach the payment page, depending on the payment mode you selected.

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How is Property Tax Calculated in Pune?

Whether you are the owner of vacant land, office, residential property, or shop; a property tax will be levied on it. The tax on any property is calculated through a capital value system. The following are the factors on which your tax depends –

1. Usage
2. Type of building
3. Base value
4. Age
5. Floor
6. Built-up area

Tax calculation –

Property Tax = Capital Value X Rate of Tax

Capital Value = Base Value X Use Category X Age X Floor X Building Type X Built-up Area

Last Date to Pay PMC Property Tax in 2023

PMC has laid out proper guidelines related to the property tax payment for 2023. The due date is divided into two –

1. If you are paying in the first half, i.e., April to September; the due date is before 31st May.
2. If you are paying in the second half, i.e., October to December; the due date is before 31st December.

Payments cleared after the due date will invite a penalty of 2% per month.

You can also pay property tax online in Pune before the due date to get a rebate –

1. Online PMC property tax payment entitles you to a 2% rebate.
2. Residential buildings that have set up a rain harvesting, solar, or vermiculture system will get a discount of 5% on the tax. If two projects are running simultaneously, you will get a 10% discount.
3. In case there are no pending dues, you get additional accidental insurance for ₹5 Lakh.
4. Owners with 40% disabilities can avail of a tax concession of 40%.
5. Freedom fighters, ex-servicemen, and women along with their families can get a rebate of 50%.
6. Some properties are exempted from tax including those used for religious, worship, and public purposes. Charitable trusts and institutions are also exempted from the property tax.

How to Get Pune Property Tax Receipt?

If you are wondering how to get a Pune property tax receipt, there are various methods to get your PMC tax receipt. Taxpayers can use any of them to collect current and old receipts –

1. Online Method

a. Visit the official website of the Pune Municipal Corporation (PMC).

b. Look for the "Property Tax" or "Online Services" section on the website.

c. Register or log in to your account (if you haven't already).

d. Enter the necessary details, such as your property number or other identification details.

e. Verify the property tax amount and make the payment online using a preferred payment method (credit/debit card, net banking, etc.).

f. After successful payment, you should be able to download or print the property tax receipt.

2. Offline Method

a. Visit the nearest Pune Municipal Corporation (PMC) office or property tax department.

b. Request the property tax officer or concerned staff for assistance in obtaining the property tax receipt.

c. Provide the necessary details about your property and payment.

d. Pay the property tax amount at the designated counter using cash or other acceptable payment methods.

e. Upon successful payment, you will receive a printed property tax receipt.

3. Authorised Centres

PMC may have authorised specific banks or service centres where you can pay your property tax and get the receipt. In this case, you can visit those centres and follow the instructions provided by them to get the receipt.

4. Mobile Apps

PMC has launched mobile apps that facilitate property tax payments and provide digital receipts. If available, you can download the PMC's official app and follow the instructions to pay your property tax and obtain the receipt.

How to Submit the Property Details for Tax Calculation and Payment?

As a property owner, it is important for you to update the necessary details. This helps in the calculation of tax. To do the same, you have to file a request with the Pune Municipal Corporation. Provide all the required documents including the building plan, ownership documents, and the occupancy certificate. Once the documents and request are submitted, they will be verified by the authorised person. Your property details will be then updated online and the tax will be calculated accordingly.

Important Points to Remember

1. If you pay through net banking, then there wouldn’t be any additional charges. In case you pay through a card, then some charges would be levied.
2. Once the tax is paid, make sure the updated details are reflected on the online portal.
3. PMC releases amnesty schemes to tackle late payment of the property tax.

How Can You Connect with the Pune Municipal Corporation?

In case of any doubt or query, you can easily reach out to the PMC –

1. Send an email to info@punecorporation.org and inform them about the problem you have been facing.
2. Contact the department directly on their toll-free helpline no. – 1800 1030 222.
3. Visit the office and talk to the designated officer at PMC Building, Near Mangla Theatre, Shivajinagar.

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Summing Up

If you are searching for plots or flats in Pune, make sure you are aware of the PMC property tax in Pune. Before looking at a property for sale in Pune, consult your realtor regarding all the factors that account for the tax payment and make an informed decision.