How to Pay Pimpri Chinchwad Property Tax?

How to Pay Pimpri Chinchwad Property Tax?
Author: Houssed | Posted on: 29-Aug-2022 | Updated on: 26-Jul-2024

PCMC stands for Pimpri Chinchwad Municipal Corporation. You must pay property taxes if you buy a property in the PCMC region. Let's find out more.

PCMC is a municipal body that administers the areas of Pimpri, Chinchwad, Akurdi, Nigdi, and the rest of the Northwestern part of Pune city. The substantial responsibility of PCMC Pune is to provide infrastructure, social facilities, and collection of property tax to PCMC, among others.

Pimpri Chinchwad property tax is the prominent source of income for PCMC. The company uses the money from PCMC property tax collection for infrastructure development activities.

Established in 1982, PCMC is responsible for collecting property tax in the new industrial areas of Pimpri, Bhosari, Chinchwad, Akurdi, etc. For tax collection, administrative regions are divided from A to H with four constituencies and an assistant municipal office.

PCMC property tax applies to all properties (vacant land within the boundaries of Pune city). PCMC Property tax is assessed based on the property area, and PCMC uses an equity-based valuation method to determine the PCMC property tax.

PCMC earns from both tax and non-tax sources. PCMC's tax sources are PCMC property tax, occupation tax, entertainment tax, and advertisement tax, among others.

What is property tax?

When you have ownership, meaning you have the property in your name, you will have to pay a specific tax on that particular part of the property. The payment must now be made annually or semi-annually to PCMC or Pimpri-Chinchwad Municipal Corporation.

It is the municipal corporation for Pune and is considered one of the richest in the country, after Mumbai. Pune is primarily a residential area and has evolved, thus the need for a separate urban society to maintain order. So whenever you pay property tax, you pay it through Pimpri Chinchwad property tax.

PCMC property tax measurement formula

Property tax is not uniform across the nation and therefore varies in different locations, cities, and states. Other tax administration groups thus have different ways of calculating domestic tax. However, the guideline for calculating PCMC wealth tax depends on the formula below.

PCMC Property Tax = Developed Area × Age Factor × core Value × kind of Construction × Category of use × Ground Factor

Pimpri Chinchwad property tax calculation factors such as the face value of the property; tenure factors, whether owned or leased; the type of property, whether domestic or industrial; period of PCMC ownership or age of development; construction type, whether multi-storey or only single-storey, etc.

Depending on these factors, the property tax the PCMC is liable to pay can be determined using the free online PCMC House Tax calculators on the municipal corporation website.

How to pay PCMC property tax online?

PCMC property tax is levied on all properties falling within the limits of PCMC, and this money is then used to develop the region's infrastructure. To pay PCMC property tax online, you must check Pimpri Chinchwad property tax online.

Here is a step-by-step guide to paying PCMC property tax online:

Step 1: Go to PCMC's official website @https://www.pcmcindia.gov.in/.

Step 2: Select the "RESIDENTS" option given in the main menu.

Property Tax tab on the PCMC website

Step 3: In the "Residents" section, click on the "Property Tax" tab.

Step 4: Click on the "Pay Property Invoice Online" option accessible on the home page.

Step 5: Fill in the required details like Zone Number, Gat Number and Property Code.

Step 6: Click the "View" button. PCMC property tax will be displayed online.

Step 7: Enter the property holder's email address and mobile numbers to pay PCMC property tax online. You can make PCMC property tax payments online using credit card/debit card / UPI / wallet/internet banking and internet banking.

After successful payment of property tax to PCMC, a tax receipt will generate. You can keep PCMC Property Tax Online Receipt for future reference.

PCMC property tax calculation

Pimpri Chinchwad property tax is generally calculated as a percentage of the real property value. The property's actual value is based on the analysis of the instant calculator or the circular rate, which determines the stamp duty by the finance department.

However, a property tax calculator is available on the PCMC official website.

The PCMC property tax calculator allows you to self-assess the property tax value in the PCMC area. Follow the given steps to calculate PCMC property tax online:

Step 1: Visit the PCMC website.

Step 2: Click on the tab 'Residents' on the home page.

Step 3: Select the "self-assessment of Property" option in this tab.

Step 4: You will get directed to a new window.

Step 5: A form will appear here. You will have to fill in details like Name, Mobile Number, Email ID, Aadhar Number, Pan Number, Survey Number, Area Name, Flat and Building Number, Landmark, Pin Code, Property Address, Property Type etc.

You will need to select the property type from Authorised Property, Unauthorised Property, Partially Unauthorised Property, Change in Use and Extended Property etc.

Step 6: Once you've selected a property type, enter the property's sub-type, construction type, and property area.

Step 7: The annual taxable value will be automatically calculated based on the entered. At the form's end is an option to calculate "Tentative tax".

Step 8: You must fill in the details and click on the next button. Once you know the value, you can pay PCMC property tax online.

Pimpri-Chinchwad Municipal Corporation (PCMC) property tax e-Certificate

The e-receipt is generated immediately after the payment is completed. If the tax payment is not made or the receipt is not generated due to connectivity or technical issues, users must verify the bank account details and debit statement.

If the statement says that the amount from the bank has been debited, but the receipt is not generated, you can verify and generate the receipt again later, at least within three working days. A receipt preview will be available under the 'Make Payment' option on the property details page. Users can download the confirmation after three days if the Pimpri Chinchwad property tax amount is debited from the bank account.

How to check PCMC property tax assessment status?

Once you apply for a property tax assessment at PCMC, you can check the assessment status online.

To check PCMC property assessment status online, follow the given steps:

Step 1: Go to the PCMC website.

Step 2: Click the 'Residents' tab on the home page.

Step 3: Select the "self Property assessment" option in this tab.

Step 4: Click the 'Assessment Status' button in the redirected window.

Step 5: You will get redirected to enter the "Application Number".

Step 6: Click the "View Application" button. The application status will get displayed online.

PCMC property tax offline payment

Citizens who find it challenging to pay online can also deposit PCMC property tax through the traditional offline mode. Offline payment of Pimpri Chinchwad property tax can be made at any PCMC office of the ward.

You can make offline payments using a credit card, debit card, cash, cheque, draft or UPI. It must be emphasised that Cheque/Demand Demand (DD) must get addressed to "Collector and Assessor of Taxes, PMC Pune".

PCMC rebates for timely payment of property tax

The following discounts are possible when submitting the entire property tax by May 31 of each year:

  • For domestic properties/non-residential premises/open land specially registered as household buildings, a 10% general tax deduction in case of an annual tax rate up to Rs.25,000 and a 5% general tax deduction in case of an annual tax rate of Rs.25,001 and higher.
  • In the case of private residential properties owning solar, vermiculture and rainwater harvesting, a 5% council tax deduction (removal of water tax and government taxes) in one of these plans and a 10% reduction in council tax (removal of water tax and government taxes) in matters of two of the mentioned projects.

Properties exempt from property tax

Several types of property are exempt from Pimpri Chinchwad property tax. It includes places used for religious offerings, public funerals or burials, and cultural land. In addition, any building used for charitable, institutional or agricultural purposes is also exempt from property tax.

In summary, PCMC has also exempted residential buildings of less than 500 square feet from property tax. This transit is advantageous compared to 1.5 thousand houses in the area.

How to modify the title in PCMC property tax records?

PCMC allows citizens to change their names in PCMC property records. The name change procedure requires simple paperwork, and PCMC has prescribed a form for a name change in property tax records.

The duly filled name change application form should get submitted to the Revenue Commissioner at the PCMC office. The documents lists required to change the name in the real estate tax register are:

  • Duly filled application form with signature
  • NOC for no pending charges
  • Latest property tax certificate
  • Certified copy of the original purchase contract

Once applied, changing the name in the property tax records will be completed in 15-30 days.

Crucial dates for paying property tax to PCMC

Pimpri Chinchwad property tax is annual and must get paid on schedule. The end of May is the due date for due PCMC property tax payments between April 1 and September 30.

From October 1 to March 31, the last date for payment of PCMC property tax is December 31. A penalty of 2 per cent is charged in case of late payment of property tax to PCMC.

How to apply for PCMC property tax concession?

PCMC property tax is annual, and every property owner must pay the required property tax. However, suppose a citizen is facing problems in paying the property tax. In that case, he can easily apply for a concession on the final amount of the property tax payment to the PCMC.

Here is the step-by-step method to apply for PCMC wealth tax concession:

Step 1:Visit the official website of PCMC, Pune.

Step 2: Click on the resident tab on the PCMC home page.

Step 3: In this section, select the Property Tax tab.

Step 4: Click "Request Concession" on the redirected page.

Step 5: You will be redirected to the login window. Log in with your username and password and apply for PCMC property tax relief in the next window.

Registration of complaint at PCMC Suvidha

All residents can register their complaints about Pimpri-Chinchwad Municipal Corporation on the PCMC platform. Users must register to register a complaint on the website or portal. The portal can also be used to monitor the status of registered complaints. All issues related to property tax, housing plan approval, government works and public development schemes can get registered on the Suvidha platform.

Conclusion

The Pimpri Chinchwad property tax is a basic annual tax that must be paid compulsorily. Citizens can also make PCMC property tax payments online. Failure to pay PCMC property tax timely may result in penalty fees over and above the amount of PCMC property tax due.

Even though it is not convenient, sometimes people forget to file their PCMC property tax. The crucial thing to remember here is that in case of late payment, you will be charged penalties, which is the amount you will have to pay when you pay the fees. And when you are transferring the property into your name just before the tax cycle, make sure your last owner pays it, or you can negotiate with them to work out the details. Do not miss it.

FAQ's

Pimpri-Chinchwad Municipal Corporation is a full-form PCMC
Property tax applies to any form of property (including vacant land).
All owners must pay real estate tax for their share of the land.
Once you pay the property tax on the PCMC website, you will instantly receive an online receipt.
You can pay PCMC property tax online from the online payment tab under the 'Residents' tab on the PCMC website.