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Pimpri Chinchwad Municipal Corporation (PCMC) is the civic body that governs Pimpri, Akurdi, Chinchwad, Nigdi, and the remainder of the northwestern city limits of Pune, India. It was established on 11 October 1982.
Property tax. Profession tax. Entertainment tax. Grants from Central and State Government like Goods and Services Tax. Advertisement tax. Revenue from non-tax sources
Pune Municipal Corporation (PMC) is the civic body that governs the inner limits of Pune, India.It is in charge of the civic needs and infrastructure of the metropolis, which is spread over an area of 500 sq. km. and has 3.4 million residents.
The average property tax rate is 0.56%, one of the lowest rates in the country. The average homeowner will pay around $1,707 - more than $1,000 less than the national average.
The PCMC festival is an annual cultural event held in the city. It was started by the Pimpri Chinchwad Municipal Corporation, Pune in 1996 under the name 'Ganesh Festival' as it used to be organized on the occasion of Ganeshotsav. Since 2004, the PCMC stopped organizing the festival and it was kept alive by the PCMC Social Club.
The property tax typically produces the required revenue for municipalities' tax levies. One disadvantage to the taxpayer is that the tax liability is fixed, while the taxpayer's income is not. The tax is administered at the local government level. Many states impose limits on how local jurisdictions may tax property.
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