Final Call For Property Owners In Pune: Submit PT3 Forms By August 15Â
Final Call For Property Owners In Pune: Submit PT3 Forms By August 15Â
Pune, 12 August, 2024: The Pune Municipal Corporation (PMC) has issued a final reminder for property owners to apply for a 40% discount on their property taxes. The last date to submit the PT3 form is August 15, 2024, and no further extensions will be offered.
Despite the generous time frame, only 83,000 property owners had utilized the discount by the end of the initial deadline. In April 2024, the PMC released updated property tax bills, but many residents reported that they were unaware of the need to submit the PT3 form. This led the PMC to conduct a door-to-door survey to identify eligible properties and ensure that no qualifying residents missed out on the discount.
The ongoing survey is approaching completion, revealing that many properties have yet to be inspected. So far, approximately 325,000 properties have been assessed. The PMC is carefully checking whether property owners still live at these addresses, as the discount will only be available for properties where the owner is also a resident.
The administration has clarified that after August 15, only newly registered properties will qualify for the discount. This decision is intended to streamline the process and ensure that all eligible residents have a fair opportunity to take advantage of the discount before applications are permanently closed.
In the door-to-door survey, the PMC has found that around 140,000 citizens still live in their own homes, while about 185,000 households have tenants. This distinction is important because the PMC will only provide the 40% discount for owner-occupied properties. Properties with tenants will be subject to the full tax amount, highlighting the PMC’s efforts to ensure that the benefit is allocated correctly.
The survey and verification process is expected to wrap up next week, marking the end of the period for citizens to submit their applications for the discount. The PMC’s proactive approach in conducting this survey demonstrates its commitment to addressing concerns and ensuring that eligible residents can take advantage of the tax relief.
Residents who have not yet filled out their PT3 forms are encouraged to act quickly to avoid missing this final opportunity. The PMC’s deadline is approaching fast, and the completion of the survey will soon determine who will benefit from the 40% property tax discount and who will face the full tax burden.
As the deadline draws near, the PMC is making every effort to ensure that all eligible property owners are informed and can take the necessary steps to secure their discount. This final push aims to assist residents in navigating the application process and ensuring that they receive the benefits they are entitled to before the opportunity closes.
This emphasizes the importance of acting before the deadline to ensure that eligible property owners can secure their benefits. Residents should prioritize submitting their forms to avoid missing out on the 40% property tax discount.
