Panvel Waives Property Tax for Ex-Servicemen, Widows

27 Nov 2023 CW Team

The Panvel City Municipal Corporation (PCMC) has decided to grant a cent percent exemption in general tax, which makes up a significant portion of the total property tax paid by property holders, to all ex-servicemen and their widows residing within the civic body jurisdiction area under the Balasaheb Thackeray Ex-Servicemen Sanman Yojana. This decision was made in response to persistent demand from various quarters.

The waiver went into effect on April 1, 2023, with retroactive effect. PCMC reports that general tax is the head under which property owners pay 55% of the total property tax.

PCMC commissioner and administrator Ganesh Deshmukh said, ?We have followed up the matter with the state government and finally got its nod to waive off the entire general tax for ex-servicemen who have served the nation and demonstrated bravery at the borders.?

All ex-servicemen and their widows living in the PCMC area will receive a 100% general tax exemption under the Balasaheb Thackeray Ex-serviceman and his widow wife tax exemption scheme, per a decision made by the general administration department of the Government of Maharashtra. The city's ex-servicemen community is celebrating the ruling because it resolves a long-standing issue. Former service members were previously free from general tax at the rate of 8%, however this has since increased to 100%.

When asked, PCMC deputy municipal commissioner and head of tax department Ganesh Shete said ?The general tax amount already paid by the ex-servicemen from April to August this year will be adjusted in the next property tax bills. There are over 500 beneficiaries in the city.?

To take advantage of this incentive, PCMC has urged former military members to submit their applications as soon as possible to the appropriate ward offices.

Infrastructure Energy

17 Sep 2025

Invenia Wins Rs 3.6 Billion Contract for PowerGrid Data Centre

Invenia-STL Networks Limited, a leading digital infrastructure and IT services company, announced it has secured a major contract worth over Rs 3.6 billion from PowerGrid Teleservices Limited (PowerTel), a wholly owned subsidiary of the Power Grid Corporation of India Limited (PGCIL), the nation’s largest electric power transmission utility.Under the agreement, Invenia will design, build, commission and maintain the complete IT and cloud infrastructure for a greenfield Tier III data centre at PowerGrid’s Manesar facility. In addition, Invenia will establish a Disaster Recovery Data Centre ..

Vikram Solar Secures 200 MW Order to Expand India’s Solar Capacity

Vikram Solar, one of India’s leading solar PV module manufacturers, has announced a major order of 200 MW high-efficiency solar modules from AB Energia, a specialist in end-to-end EPC solutions for commercial and industrial (C&I) solar projects. The modules, rated at 590 Wp and above, will be deployed across Maharashtra, Madhya Pradesh and Gujarat — three solar-progressive states accelerating their adoption of clean energy.Under this order, Vikram Solar will supply its advanced M10R N-Type TOPCon modules, designed for superior performance, reliability and higher energy yield. Deliverie..

Shriram Properties Backs Neerathon 2025 to Promote Water Conservation

Shriram Properties Limited (SPL), one of India’s leading residential developers in the mid-market and mid-premium segments, reaffirmed its commitment to sustainability and community welfare by supporting IPA Neerathon 2025 in Chennai as the Title Sponsor. The event, which attracted thousands of participants across 10K, 5K and 3K categories at Island Grounds, was more than a race — it was a movement for water conservation and environmental stewardship.For SPL, this partnership aligns with its long-standing efforts to support initiatives beyond real estate, promoting sustainable communities ..