propline.in

  /  Blog   /  Pune Cantonment Board hikes residential, commercial assets tax via five% and 10%

Pune Cantonment Board hikes residential, commercial assets tax via five% and 10%

The Pune Cantonment Board (PCB) has hiked the property tax of residential and business residences by around 5% and 10% respectively.

The board has despatched property tax payments calculating arrears of the closing three years (2017-2020) to the property owners. Notices have also been sent to the property proprietors, in search of their perspectives at the revised bills a few weeks in the past.

The board is authorized to revise the tax as soon as every three years. The remaining revision became done in 2014. Preferably, the PCB need to have revised the quotes in 2017, however it did not accomplish that because of administrative motives.

We have up to now obtained around 600 feedbacks from residents. As according to the manner, we have issued a note regarding public listening to, in an effort to begin from November 15 at the board workplace,” said leader executive officer (CEO) Amit Kumar, including that presently the board earns around Rs 27 crore annually from property tax. The board now expects to earn Rs 30 crore.

At some point of the hearing, the residents can present their belongings tax documents and voice their worries. If there may be any miscalculation or errors in our data, it will be rectified there itself,” he said. Besides, our officials will verify every declare or objection made with the aid of an man or woman before finalising the quotes,” stated Kumar. In keeping with board information, there are 11,292 properties in PCM limits.

IN the course of the survey, some violations regarding unlawful use of residential spaces for commercial functions had been observed by revenue officers. Felony notices have been issued to the ones indulging in such practices,” said a revenue branch reputable.

Post a Comment

You don't have permission to register