Tax Benefits Await: Pune Property Owners Get Deadline Extension from PMC
Pune, 3rd February 2024: Good news for property owners in merged areas under Pune Municipal Corporation (PMC) limits – the civic body is cutting some slack! The deadline for submitting PT3 forms, a necessary affidavit for claiming property self-occupancy, has been extended until the end of the financial year. So, breathe a sigh of relief for now.
Why is this important? Well, it’s the ticket to enjoying a sweet 40% property tax benefit offered by the PMC for self-occupied properties. You’ve got time until the end of the financial year to get your paperwork in order.
Initially, the civic administration set January 31st as the deadline. However, no need to panic if you haven’t sorted it out yet – most property owners haven’t even received their property tax bills. The bills are on their way, assures a senior PMC official. Once they land in your mailbox, it’s time to tackle the formalities. The new deadline is still up in the air, but don’t worry; you have until the end of the fiscal year.
But wait, there’s a catch! Only the lucky residents of 23 combined villages have received this golden opportunity from the administration. The rest of the folks will have to wait for their turn.
