Pimpri-Chinchwad civic body extends tax relief scheme till 31 August

16 Aug 2021 CW Team

The Pimpri-Chinchwad Municipal Corporation (PCMC) has extended its property tax relief scheme for the current financial year till August 31, giving some relief to taxpayers amid the ongoing Covid-19 pandemic.

The PCMC's property tax department has urged citizens to pay tax before the increased last date to avail benefits of the relief scheme. Under the twin Town's civic body, there are 5,51,071 properties.

This involves residential as well as commercial and industrial use properties.

Property tax can be paid either in the first half of the fiscal year, from April to September, or in the second half, between October and March.

Earlier, the general tax exemption was announced for property owners who paid their bills fully in advance by June 30. Due to the Covid-19 pandemic, the concession scheme was increased till July 31.

One of the biggest income sources for the Pune civic body is property tax. Amid this ongoing pandemic, the PCMC has extended the tax relief scheme in order to provide some relief to the taxpayers. Another major income source for the PMC is revenue from building permits. The PMC has 10.81 lakh properties. The merger of 23 villages in the PMC is also going to raise the property's number in its tax ambit in the current financial year.

Image Source

Also read: Ahmedabad Municipal Corporation extends property tax deadline

Also read: Pune civic body proposal to increase property tax on approval

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..