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Property tax is one of the key revenue sources for local municipalities. The Pune Municipal Corporation (PMC) is responsible for collecting taxes on residential, commercial, and industrial properties in the city. Such a tax is also referred to as ‘house tax’, levied on real estate owners to maintain the quality of public facilities in the area
Understanding how to pay property tax, check bills, and the penalties associated with unpaid taxes is crucial for property owners. Here’s all you need to know about PMC Property Tax in Pune.
Property tax in Pune is levied by the PMC on properties across the city. The tax is calculated based on the property's market value, its size, and its usage (residential, commercial, or industrial). The revenue collected from property taxes is used by the municipal corporation for city maintenance, development projects, and public services such as sanitation, infrastructure, and street lighting.
Here’s how to check your property tax bill online on the PMC website, in a simple and quick manner:
Visit the Official PMC Website
Go to the official PMC website https://www.pmc.gov.in/.
Select Property Tax
Navigate to the 'Property Tax' section under ‘PMC Services’ on the homepage.
Enter Your Property Detail
Input your property type (P - Peth, O - Occupier, F - Flat), Section ID, Peth ID, and Account No. Click on ‘Submit’ after you are done. The Name, Ward, Address and Property Description will then be displayed under ‘Property Owner Details’.
Download or Print
You can then either download or print the tax bill for your records.
Note: The page will display the amount chargeable above the fields where you have to input your payment details along with other related information.
PMC also facilitates the easy payment of property tax after you’re done checking your tax details. Here are the steps:
1. Visit the PMC’s Portal for Property Tax Payment: Go to the official portal for property tax payment.
2. Login or Enter Property Details: Use your property ID, PUN number, or account number to log in.
3. Check Your Tax Details: Review your outstanding dues.
4. Fill Your Payment Details
Enter the correct details, such as the amount you want to pay, your contact number, email ID, and your preferred payment gateway.
5. Make the Payment: Complete the payment by clicking on ‘Pay Online’ and select your preferred payment method (debit/credit card, net banking, and UPI). You’ll receive a confirmation message and receipt in 3 days after the payment is successful
If you prefer offline payments, you can pay property tax at designated PMC collection centres. Here's how:
1. Visit a Designated Payment Centre: Find a nearby PMC office or a collection centre.
2. Submit Property Details: Provide your property ID or PIN (Property Identification Number) to the official at the centre.
3. Pay the Tax: You can pay via cheque, cash, or demand draft.
4. Obtain Receipt: Once the payment is processed, ensure you get a receipt for your payment.
The calculation of PMC property tax is based on a variety of factors, including the property’s area, its usage, and its market value. The formula for calculating property tax is:
Property Tax = Capital Value × Tax Rate
The Capital Value is calculated as:
Capital Value = Base Value × Built-up Area × Usage Factor × Building Type Factor × Age Factor × Floor Factor
The rates and other factors such as property age and location also affect the calculation. For instance, residential properties have a different rate than commercial properties.
Once you have paid your property tax, you can easily obtain your receipt online or offline.
Online Receipt
After completing the online payment, a receipt will be automatically generated. You can download it directly from the portal.
Offline Receipt
For offline payments, ensure you get a physical receipt at the payment counter.
This receipt serves as proof of payment and is essential for future tax-related queries or when applying for loans or selling the property.
PMC offers several concessions and exemptions on property tax for eligible organisations. Some common exemptions include:
Institutional Properties
Properties owned by entities such as religious institutions or utilised mainly for rural and urban planning, may be exempt from paying property tax.
Public Charitable Institutions
Certain public charitable organisations or institutions are also eligible for exemptions.
It is advisable to check on the PMC’s official website for any new or specific exemptions applicable to your property.
Property tax in Pune is typically due in two instalments, with the first instalment due by 31st May and the second by 30th December. If the payment is not made within the specified due dates, the following penalties may apply:
Late Payment Fine
A fine of up to 2% per month is levied for delayed payments.
Rebate
PMC offers a 5-10% rebate for early payments, depending on the timing and announcements for the year. Ensure you pay your property tax before the due dates to avoid penalties and avail of any possible rebates.
Paying PMC property tax is an important civic duty for property owners in Pune. With multiple payment options, including online and offline methods, the process is simple and transparent. Regular payment of property taxes helps improve the infrastructure and services in the city. Be sure to check your bills, understand the exemptions, and pay on time to avoid penalties.
PMC property tax is a charge levied by the Pune Municipal Corporation on all properties within Pune city for the purpose of municipal development and services.
Property tax payments in Pune are typically divided into two instalments: the first by 31st May and the second by 30th November each year.
To register your property in Pune, visit the PMC office with the necessary documents, including your identity proof, property documents, and payment receipts, to complete the registration.
The last date to pay the first instalment of PMC property tax is 31st May, and for the second instalment, it is 30th November.
Failure to pay property tax on time in Pune will lead to penalties, which are typically charged at a rate of 2% per month, along with the risk of legal actions for non-payment.
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