Pune Municipal Corporation bid to hike property tax by 11% irks citizens

Following its amnesty scheme for property tax defaulters, the Pune Municipal Corporation’s (PMC) proposal to hike property tax by 11 per cent to increase revenue for the next fiscal year, has received opposition from regular taxpayers, with political parties too likely to oppose the move ahead of the civic polls next year.

As per the proposal tabled in the standing committee, the hike in property tax by 11 percent for 2021-22 would increase the revenue collection by Rs 130 crore in the next financial year and help with the expenditure to carry out development of basic facilities in the recently merged 23 villages in the civic jurisdiction.

The hike will be 5.5 percent in general tax, 3.5 percent in cleanliness tax and 2 percent in the water tax, in addition to a 5 percent increase in water charges