PMC Property Tax: Online Payment, Due Date & Penalty

The Pune Municipal Corporation (PMC), has been serving the city since 1950, handles property assessments and collects property tax. In order to make the process more efficient, PMC introduced GIS-based geo tagged in 2016 aiming to help verify property details like size, ownership and photos while also identifying unauthorized properties and defaulter. Property tax in pune can be paid online through the official website, or over the counter offline.

Latest Update

The PMC offers a 5% to 10% discount to taxpayers who settle their dues by May 31st each year. 

Due Date, Penalty and Other Rewards

Pune Municipal Corporation (PMC)

• Due date – For the first half-year (April 1st to September 30th) due date is 31st May and for the second half year (October 1st to March 31st) due date is 31st December.
• Penalty is charged at 2% per month in case of delay in payment beyond due date i.e., charged from 1st July in case of first half year and from 1st January in case of second-half year.
• If the entire property tax is paid by 31st May, the following rebates are available:
  • For residential properties/ non-residential/open plots specifically registered as residential buildings – 10% discount on general tax in case of annual rateable value up to Rs 25,000 and 5% discount on general tax in case of annual rateable value of Rs 25,001 and above.
  • In case of residential properties having solar, vermiculture and rain-water harvesting –
    • 5% discount on municipal tax (excluding water tax and government taxes) in case of one of these projects and
    • 10% discount on municipal tax (excluding water tax and government taxes) in case of two of these projects

Pimpri Chinchwad Municipal Corporation (PCMC)

• 10% concession on general tax if the entire property tax is paid by June 30

Steps for Payment of Pune Property Tax

Property tax can be paid both offline and online in Pune.

Online Payment

• PMC
  • Visit PMC website
  • Click on ‘pay online’ or ‘NEFT/RTGS payment’ as per your choice
  • Enter property details and click on ‘submit’
  • Verify property owner details and also property tax dues that are displayed
  • Enter the amount you wished to pay, verify the mobile number and email id and select the gateway of payment such as internet banking, debit/credit card as per your choice and make the payment. Payment by way of debit/credit card may incur additional charges

You can also print the receipt or visit http://propertytax.punecorporation.org/ and click on “Tax receipt” to find all previous challans

• PCMC
  • As already mentioned, based on the locality your property might be falling under Pimpri Chinchwad Municipal Corporation (PCMC) in Pune. PCMC website can be accessed here. Click on property tax under ‘residents’ and click on ‘property bill’. Enter Zone, Gat No. owner name and address to access the bill and make payment.
  • Any grievances relating to online payment or assessment of property tax can be sent to propertytax@punecorporation.org

Offline Payment

Property tax offline is accepted in cash/ cheque/demand draft. Cheque/demand draft should be drawn in favour of ‘The Assessor and Collector of Tax, P.M.C Pune’.  

Property tax can be paid at any of PMC's 30 ward offices or Citizen facilitation centres run by PMC, at authorised bank branches such as Cosmos, HDFC, ICICI, or Bank of Maharashtra, or at self-pay tax payment kiosks.

Exemption/Concession from Payment of Property Tax

Properties used for worship, public, or religious purposes and registered with the charity commissioner as a charitable institute/trust are exempt from the property tax in PMC. 

PCMC gives a 50% concession on general tax on properties owned by ex-servicemen/freedom fighters/their wives/women and a 40% rebate on properties registered in the name of persons with more than 40% disability. 

Formula for Pune Property Tax 

The property tax is a percentage of the actual value of the property, based on the ready reckoner used by the revenue department to calculate stamp duty. 

Property tax = Tax rate * Capital Value 

Capital Value = Base value * built-up area * usage * building type * age factor * floor factor 

PMC allows its users to calculate property tax online by entering locality, area, usage, type, total plinth area and age of the property. You can also use the calculator provided by the PCMC, Property tax calculator. 
Property tax rates of PMC and PCMC should be considered respectively for each category.

Income Tax Implications

As per the Income-tax Act, 1961 you can claim deductions of municipal taxes paid for the let-out property. It is allowed as deduction from GAV of the property only if it is paid.