PMC gets ₹7,100 cr revenue for FY 2022-23

Pune Municipal Corporation earned ?7,100 crore in taxes in the financial year 2022-23, including ?1,963 crore from property tax and ?1,540 crore from building permission. Despite Covid-19, the civic body achieved good revenue.

In the financial year 2022-23, the Pune Municipal Corporation (PMC) earned ₹7,100 crore in taxes, including ₹1,963 crore from property tax and ₹1,540 crore from the building permission department.

In the financial year 2022-23, the Pune Municipal Corporation (PMC) earned ₹7,100 crore in taxes (REPRESENTATIVE IMAGE)

“Despite the after-effects of the Covid-19 pandemic, the civic body was able to achieve good revenue in the last fiscal year and received ₹7,100 crore in taxes from citizens and other establishments,” PMC commissioner Vikram Kumar said.

PMC’s main source of revenue is property tax, which totalled ₹1,963 crore. That was followed by ₹1,540 crore received from building permission after deducting property taxes.

Aside from these taxes, PMC received income from the Goods and Services Tax (GST), the Sky Sign Department, the Anti-Encroachment Department, and other sources.

On March 31, the last day of the financial year 2022-23, PMC got ₹41.16 crore for property tax.