No waiver of property tax for small houses in Pune

No waiver of property tax for small houses in Pune
03/10/2017 , by , in News/Views

The civic administration turned down the proposal to waive taxes for houses below 600 sq ft. The committee had sent a proposal to the property tax department which reviewed and rejected the proposal.

“The civic administration has already been providing various benefits to small house owners. There has been exemption to the slum rehabilitation schemes. We have replied after studying all these aspects,” Suhas Mapari, head of PMC’s property tax department, said.

According to civic officials, the state government has already given relief to small house owners in another scheme. The state government issued a government resolution (GR) in which residential properties between 601 to 1,000 sqft would pay 50% more property tax. Only the properties that are more than 1,001 sq. ft will pay 100% more tax.

As per civic officials, the city has around 8.3 lakh properties that have to pay tax. The civic body is collecting double tax from over 18,000 properties. The move may have an adverse impact on the overall tax collection for the next financial year. The revenue from the property tax may reduce.

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