PMC didn’t get information about metro stations from Pune Metro
| Difficulties for the Pune Municipal Corporation in determining property tax
Pune Metro Property Tax | Metro has been started on some routes from Pune Metro. For this, almost 11 metro stations (Pune Metro Station) have been built by Metro. Moreover, some of the properties there is also given on rental basis. However, property tax is still not being paid by Metro to Pune Municipal Corporation. The Pune Municipal Corporation has asked the Metro for all the information regarding the station. The Pune municipal corporation has been following up for a year. However, the municipal corporation has not been informed. Therefore, the municipality cannot assess the property tax. As a result, the municipality is suffering financial loss. The question is being asked by the Pune municipal corporation whether Metro will take serious notice of this. (Pune Metro Property Tax)
Metro Rail Stations have been commissioned within the limits of Pune Municipal Corporation (PMC Pune). Central government property is assessed on capital value as per the government decision issued by the central government. Also state government revenue is levied on floor area (FSI). In this work, operational metro rail station within the limits of Pune Municipal Corporation, Pune
Service charge of Pune Municipal Corporation is required. Accordingly, the Municipal Corporation has informed the Metro in 2022 to submit the complete information like metro station name, area in use, capital value etc. to the taxation office. However, no information has been received by the Municipal Corporation yet. Therefore, the Municipal Corporation again gave a reminder to Metro. Because the income is eligible for taxation, the levy of income tax is necessary. In this regard, it has been said in the letter that the tax department should be given complete information about the metro stations which are being expanded from time to time. But Pune Metro has not given any response to the Municipal Corporation. This shows the indifference of Metro.
—-/—