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Want to save big on your PMC property tax bill? You may be eligible for a 40% rebate. Read this guide to learn how to apply for the PMC tax discount, before the new extended deadline.
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The Pune Municipal Corporations (PMC) offers a 40% rebate on property tax for self-occupied residential properties . This discount on PMC tax was introduced 50 years ago, discontinued briefly, and then reinstated in 2023.
The last date to submit the PT-3 form for the PMC tax rebate was recently extended after low application numbers. Read on to learn everything you need to know to claim your 40% discount before the new deadline.
Overview of 40% PMC Property Tax Rebate
The Maharashtra State Legislative Assembly passed a bill on August 3, 2023 allowing the PMC to continue providing a 40% rebate on property tax for self-occupied homes. This PMC tax discount applies to residential properties that are not rented out.
The rebate was temporarily discontinued in 2019 while awaiting state government approval. During that time, PMC collected full tax amounts without the 40% discount. Now that the rebate is reinstated, PMC will refund excess taxes paid by eligible homeowners over four years.
Who is Eligible for the PMC Tax Discount?
To qualify for the 40% discount on PMC property tax, your home must meet the following criteria:
- Registered as self-occupied residential property with the PMC
- Not rented out (investment properties don’t qualify)
- Properties registered after April 1, 2018 must submit PT-3 form
- Properties registered before April 1, 2019 are automatically eligible
Newly registered properties after April 1, 2019 must provide documentation proving self-occupancy to receive the PMC tax rebate.
Steps to Get the 40% PMC Property Tax Rebate
Follow these steps to claim your 40% discount on PMC property tax:
- Obtain a no objection certificate (NOC) from your housing society stating the property is self-occupied.
- Fill out PMC form PT-3 available on the PMC website.
- Pay fee of Rs. 25 per application.
- Submit PT-3 form and supporting documents (see next section for details).
- Provide proof of all properties owned in Pune city limits.
- Submit to nearest PMC ward office before the deadline (details below).
Failure to provide full documentation by the deadline will result in paying full tax with no rebate.
Required Documents for PMC Tax Rebate
You must submit the following documents to PMC to claim the 40% property tax discount:
- No Objection Certificate from housing society
- PT-3 application form
- Fee of Rs. 25 per form
- Proof of self-occupancy:
- Voting card
- Passport
- Driving license
- Ration card
- Gas connection proof
- Proof of all properties owned in Pune
How to Download the PMC PT-3 Form
Follow these simple steps to download the PMC PT-3 form:
- Go to PMC Property Tax Website
- Scroll to the bottom and click on “PT-3 form” under Forms New
- The PT-3 form will open in a new tab (in Marathi)
- Fill out the PT-3 form completely and submit along with documents
You can also collect the PT-3 form directly from any PMC ward office or citizen facilitation center.
Where to Submit Documents for PMC Rebate
You can submit the PMC tax rebate documents at the following PMC locations:
- Citizen facilitation centers
- Regional ward offices
- Peth Inspector’s offices
To find the nearest PMC office, visit the PMC website office locator.
Key Deadlines for PMC Property Tax Rebate
The original deadline to file for the PMC tax rebate was November 30, 2023. However, this was extended due to low application numbers.
Over 96,000 Pune homeowners applied for the 40% PMC tax rebate as of the initial deadline. The new extended deadline has not been announced yet, but PMC has confirmed they will continue accepting applications past November 30.
Check the PMC website for the latest updates on exact dates. Act quickly once the new deadline is announced to save 40% on your property tax bill!
Frequently Asked Questions
How do I get 40% off PMC property tax?
Submit the PT-3 application form and required documents to PMC before the deadline. Homeowners registered after April 1, 2019 must prove self-occupancy to qualify.
What was the last date for PMC property tax?
The last date for full payment of PMC property tax for FY 2022-23 was June 30, 2023.
Who pays property tax to PMC?
Any property owners within PMC jurisdiction must pay applicable PMC property taxes annually.
What tax rebates are available for FY 2023-24?
For individual taxpayers, the maximum tax rebate under Section 80C for FY 2023-24 is Rs. 1.5 lakh.
How much does it cost to apply for PMC tax rebate?
You must pay a fee of Rs. 25 per PT-3 application form submitted to PMC.
Get 40% Off PMC Property Tax Now
Don’t miss this opportunity to save big on your annual property tax bill. File your PMC PT-3 application today to claim a 40% rebate before the extended deadline.
Ready to submit your PMC tax rebate application? Get help ensuring 100% accuracy and on-time filing from the experts at Filingwala. Their tax professionals know the latest PMC rules and can do all the paperwork for you, hassle-free! Contact them now to take advantage of this 40% PMC tax discount.
