The Pune Municipal Corporation Property or PMC has kept the process of paying property tax simple and straightforward. If it’s your first-time paying property tax or if you have never paid property tax online, we hope this will guide you through the process.
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Methods to Pune Municipal Tax
- PMC Mobile Application (Pune Connect): Download the user-friendly PMC mobile app from Google Play Store or the Apple App Store. Choose from multiple payment options, including credit cards, debit cards, net banking, and IMPS.
- PMC Website (www.punecorporation.org): Visit the PMC website to pay property tax using various methods such as card payments, digital wallets, net banking, electronic bill presentment, and IMPS.
- In-person at Banks: If you prefer not to pay house tax Pune digitally, visit partnered banks (HDFC, ICICI, Bank of Maharashtra, Yes Bank, Cosmos, etc.) to make payments through RTGS/NEFT, cash/cheque, or standing instructions.
Read: Tax Laws – Everything you need to know about TDS on rent
Read: RERA Rules for Redevelopment in India: What You Need to Know
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Property Information Required
To pay your property tax online in Pune, you’ll need to have the following property information readily available:
- 1. Property Location:
- Address of the property, including the street name, area, and ward details.
- 2. Property Area:
- Total land area of your property, typically in square feet or square meters.
- 3. Built-Up Area:
- The total built-up area of your property, including all structures and buildings.
- 4. Usage or Purpose of the Property:
- Specify whether the property is used for residential, commercial, industrial, or other purposes.
- 5. Year of Construction:
- The year when the property was constructed or built.
- 6. Property Identification Details:
- These details may include Section ID, Peth ID, and Account Number, which are used to uniquely identify your property within the municipal records.
- 7. Property Type:
- Indicate the type of property, such as residential, commercial, or industrial.
- 8. Locality:
- The specific locality or area where your property is situated.
- 9. Total Plinth Area:
- The total floor area of the property, including all floors and structures.
- 10. Age of the Property:
- The age of the property in years since construction.
https://propertytax.punecorporation.org/OnlinePay/PROP_DUES_DETAILS.aspx
Pune Municipal Tax Calculation
PMC property tax bill is calculated using the following formula:
Property tax = Tax Rate x Capital Value
Capital Value = Base Value x Built up area x Usage x Building type x Age factor x Floor factor
Use the Pune Municipal Corporation online portal to calculate your property tax. Provide data on locality, area, usage, type, total plinth area, and age of the property.
How to Pay PMC Property Tax Bill Online?
Paying your property tax online in Pune has been made simple and convenient by the Pune Municipal Corporation (PMC). Follow these step-by-step instructions to successfully make Pune property tax online payment:
Step 1: Gather the Necessary Information
Before you begin, make sure you have the following information on hand:
- Property details, including location, area, usage, and year of construction.
- Property identification details such as Section ID, Peth ID, and Account Number.
Step 2: Visit the PMC Website
Go to the official PMC website at www.punecorporation.org
Step 3: Access Property Tax Payment Section
Navigate to the property tax payment section on the website. Look for a link or tab related to “Property Tax” or “Online Payment.”
Step 4: Enter Property Details
Provide the required property details, such as your property’s identification numbers (Section ID, Peth ID, Account Number) and other relevant information.
Step 5: Calculate Property Tax
Use the online calculator provided by PMC to calculate your property tax based on the information you’ve entered. The calculator will generate the amount you need to pay. Find your property tax dues details.
Step 6: Choose Payment Method
Select your preferred payment method. PMC offers various options, including:
- Credit cards
- Debit cards
- Net banking
- Digital wallets
- Electronic bill presentment
- IMPS (Immediate Payment Service)
Step 7: Make the Payment
Once you’ve selected your payment method, follow the on-screen instructions to enter your payment details and complete the transaction securely.
Step 8: Receive Payment Confirmation
After successfully completing the payment, you should receive a confirmation receipt. This receipt may also be available for download or printing.
Step 9: Save Receipt and Verify
Save a copy of the payment receipt for your records. Make sure to verify that the payment has been successfully processed.
Step 10: Check for Future Payments
Depending on the PMC’s system, you might need to make periodic property tax payments. Keep track of due dates and set reminders to ensure timely payments in the future.
Offline Payment Options
- Apart from online methods, you can also pay property tax offline through various channels:
- Visit any PMC ward office or citizen facilitation center.
- Authorized bank offices (Bank of Maharashtra, Cosmos, HDFC, ICICI).
- Self-service tax kiosks.
When is the due date to pay property tax in Pune and what are the penalties and rewards?
It is important to pay your property tax on time, if you miss the deadline you will end up having to pay extra because of penalties and fines.
- If you are paying tax in the first half year (from April 1st to September 30th) the due date is 31st May.
- If you are paying tax in the second half year (from October 1st to March 31st) the due date is 31st of December.
If you don’t pay on time, you will have to pay an extra 2% monthly in addition to your property tax.
Read: An Insight on the Cost of Living in Pune
Rebates for Timely Payment:
- Residential properties and non-residential plots with annual rateable value up to Rs 25,000: 10% discount on general tax
- Annual rateable value above Rs 25,000: 5% discount on general tax
- Residential properties with solar, vermiculture, and rainwater harvesting systems: 5% discount on municipal tax (excluding water and government tax)
What are the exemptions or concessions available when you pay your property tax?
There are a few properties that don’t have to pay property tax, and there are a few people who are allowed concessions when they pay their property tax, for example –
According to PMC – if the property is utilised for worship, public or religious purposes and registered with the charity commissioner as a charitable institute/trust, these properties are not required to pay property tax.
According to PCMC – a 50% concession is given on the general tax of a property that is owned by ex-servicemen/freedom fighters/their wives. You can get a 40% rebate if the property is registered in the name of people who are disabled above 40%.
Note : All images are taken from propertytax.punecorporation.
Pune Property Tax: Tips to Remember
- Pune Municipal Corporation is responsible for all homes, businesses, and other structures, as well as for vacant areas. The method used to determine a tax on any property is a capital-based valuation system.
- The revenue department’s ready reckoner, which is used to determine stamp duty, is used to determine the property tax, which is based on a percentage of the property’s actual value.
- You have until May 31 to make your first half-year (April to September) property tax payment. To avoid penalties, the second half (October to December) must be paid in full by December 31. In the event that the payment of property taxes is postponed, a penalty of 2% is assessed monthly starting on July 1 for the first half-year and January 1 for the second half-year.
- Additionally, there are tax rebates available if you pay your property tax by the due dates.
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FAQs
1. Where can I pay my property tax in Pune?
You can pay your property tax in any bank that has tied up with PMC to collect property tax, you can also pay it online on the PMC Pune Connect app and now, you can even pay property tax from your mobile phone through Google Pay! All you need is your property ID and the rest is simple.
2. How can I pay my property tax online in Pune?
You can pay your property tax using the PMC online portal. All you need are your property details and you can pay your tax in less than 2 minutes!
3. Why does everyone have to pay property tax?
If you own a house, then as a law-abiding citizen you need to pay your property tax. If you don’t pay your tax on time you might have to pay a huge fine. But, having said this, there are also exemptions and concessions available. Read the article to find out more.
4. How can I find out how much my property tax amount is?
This article tells you exactly how PMC calculates how much property tax homeowners have to pay. PMC also allows you to calculate property tax online, all you need to do is to enter details of the locality, area, usage, type, total plinth area and age of the property. This will give you the exact amount that you need to pay.
5. Can I get a discount on paying property tax in Pune?
If you live in a housing society that has a rainwater harvesting system and/or a solar water heating system, then you could get a rebate from PMC of up to 5%.
How to get property ID details ?
Hi Vaibhav,
This information should be on the Tax Bill sent to you by the PMC. If you have never received one, then you might need to go to the PMC office and ask for these details. Hope this helps.
Regards,
NoBroker Team