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Property tax: PMC rebate plan attracts Rs 52.72 crores in 24 hours

Dnyaneshwar Molak, acting property tax department head, said that residents took benefit of the May 31 deadline to avail the rebate scheme benefit with many paying the property tax till late evening.

pune Updated: Jun 02, 2018 15:39 IST
HT Correspondent
HT Correspondent
Hindustan Times, Pune
Pune,Property tax,PMC
PMC IT department representatives said that Rs 10 crores tax was received after 6 pm through online transactions. (Getty Images/iStockphoto)

PUNE: The Pune Municipal Corporation (PMC) received record Rs 52.72 crores property tax in a single day on May 31. The last year’s figure of the same day was Rs 38.29 crores.

Dnyaneshwar Molak, acting property tax department head, said that residents took benefit of the May 31 deadline to avail the rebate scheme benefit with many paying the property tax till late evening.

PMC IT department representatives said that Rs 10 crores tax was received after 6 pm through online transactions. Many residents preferred to pay online after working hours and the department was registering revenue collection till midnight.

Molak said that PMC had sent bulk messages to property taxpayers appealing to them to take benefit of rebate scheme before the May 31 deadline.

The civic body launched the 5 and 10 per cent rebate scheme for property owners. As per the scheme, if the residents paid the tax before the first two months of the financial year, they get rebate in property tax. Those below Rs 25,000 tax bracket will get 10 percentage rebate and those above this bracket are getting 5 percentage rebate.

Property tax and LBT: Rs 1,050 crores collected in two months

The civic body received Rs 1,050 crores through property tax, and local body tax (LBT) compensation granted by the state government, in the first two months of the financial year. It received Rs 666.37 crores till May 31 through property tax and Rs 391 crore as LBT compensation, said Dnyaneshwar Molak, acting property tax department head, who holds the charge for both the departments.

First Published: Jun 02, 2018 15:38 IST