Property tax in Pune

Q: I heard there is a hike in property tax in Pune. Is it official? When will it be announced?

Pravakar Saxena, Pune

3rd January 2013

Property Tax in Pune

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property tax in pune

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Hi Pravakar, it hasn't been announced yet. Earlier, it was decided that there would be a hike of 8% in Pune property tax for the financial year 2013-14. The proposal was kept forward in a recent meeting of the standing committee PMC. As per plan, civic body finalises the rates of tax every year as per section 99 of the Bombay Provincial Municipal Corporation (BPMC) Act, 1949, and keeps it before standing committee for approval. If approved, it becomes a part of the municipal commissioner’s annual civic budget. The General Body (GB) has to approve the new tax rates before February 20 of every year.