The Pune Municipal Corporation (PMC) has decided not to raise property tax for the next fiscal year. The proposal is awaiting standing committee approval.
The PMC has realized that lot of residential properties are used as hostel, paying guest and as guest house for accommodating large number of student population of the city.
Even after 80,000 forms have been submitted for the concession, PMC is still gtting queries about the tax concession, indicating that more people will be filing PT-3 forms till November 30.
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