PMC calls for Lok Adalat to settle property tax disputes in Pune

16 Sep 2021 CW Team

The Pune Municipal Corporation (PMC) has convened a Lok Adalat to settle long-standing property tax disputes. On September 25, it will be held.

According to Hemant Rasane, the chairman of the standing committee, this alternative dispute resolution mechanism will resolve up to 500 cases.

If the tax defaulter agrees to pay the dues, the civic body will offer a 50% discount on the penalty, he said. He claims that the pending tax cases in Lok Adalat can bring in Rs 52 crore for PMC.

PMC officials have said that property tax collection by the civic body has surpassed Rs 1,000 crore on Friday, nearly Rs 211 crore higher than the same period the previous financial year.

Owners of 6.26 lakh properties paid the tax between April 1 and August 27 this year, according to PMC figures. Property taxes are assessed based on the annual rateable value of the property, said the officials. The municipal government provides two tax payment options.

They include both offline and online activities. The main sources of revenue for PMC were octroi and local body tax.

Since their abolition, property taxes have provided the civic body with the most revenue. This tax brings in around Rs 14,000 crore to Rs 16,000 crore per year for PMC.

Image Source

Also read: UP National Lok Adalat: UP RERA disposes 79 cases

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..