PMC budget proposes 12 hike in property tax

Pune | Friday | 18th January, 2019

Summary:

It is for the third consecutive year that the civic administration has proposed a rise in the property tax. “About 44% property tax was collected till December as against the target of Rs 1,691.91 crore,” the sources said. We, therefore, are concentrating on how tax collection can be optimized. The PMC’s tax recovery mechanism has failed to yield any results. He also assured of a significant increase in tax collection in 2019-20..