The Pimpri-Chinchwad Municipal Corporation (PCMC) has opted not to raise taxes, particularly property taxes, for the third year in a row.
For the fiscal year 2024–2025, Pimpri Chinchwad Municipal Commissioner Shekhar Singh has kept property taxes the same. There will be no increase in property taxes in the upcoming fiscal year, according to officials.
According to officials, the civic administration must decide whether to raise taxes or rates by February 20 in order to start a new fiscal year. The commissioner made the decision on Wednesday as a result.
In addition to not raising the property tax, the municipal commissioner has not altered the taxes associated with conservancy, fire brigade, education, trees, water, roads, or drainage. There has also been no change in the general tax.
According to officials, rates have remained the same for other documents that the PCMC issues, such as the transfer notice, administrative service, and certificate of no arrears.
A senior PCMC official stated that the tax department is working to include an increasing number of properties under the tax system. Additionally, efforts are being made to enhance the tax recovery system. There won’t be a tax increase in the upcoming fiscal year, which will relieve citizens.
The municipal commissioner has also made no changes in the conservancy tax, fire brigade tax, education tax, tree tax, water tax, road and drainage tax.