New software to tackle delay, loss of property tax revenue

The civic body is now banking on a special software for real-time data entry to tackle the delay in bringing properties under the tax ambit while reducing the loss of revenue.

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In order to ensure real-time relay of information, various agencies associated with granting permissions and registration of properties, such as departments of building permissions, property tax and IGR, have been brought under the system, which tax been operational for a week now.

The move will help the Pune Municipal Corporation (PMC) bring properties under the property tax ambit immediately after the grant of an occupancy certificate (OC) or ret registered.

“Property tax is levied after the OC is granted. This information is shared manually by the building permission department to the property tax department. The process took back months, sometimes even years, causing a delay in adding the properties under the tax ambit,” a senior corporation official said said no conditions of anonymity.

Read more at: The Times of India

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