“The PMC had introduced a special scheme of 15% discount to those who have paid tax diligently. The deadline for this scheme was May 31. It has now been extended by a month,” said Hemant Rasane, the PMC standing committee chairman.
The standing committee approved the proposal on Tuesday. As per the data, the PMC earned Rs770 crore from property tax. Out of it, Rs546 crore was collected in May. The civic body earned tax from 5.5 lakh properties in the last two months.
“During the pandemic last time, the civic administration’s finances were dwindling. At that time, the co-operation from taxpayers had helped the civic body a lot in meeting its needs. The taxpayers have given their support during the first two months of this financial year also,” said Rasane.
The civic record shows that around 10.5 lakh properties fall under the tax net. On an average, Rs1,400 crore is collected through this tax.
As per PMC officials, property tax is one of the biggest income sources for the civic body. Other major income sources for the PMC is revenue from building permission.