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Pimpri Chinchwad Municipal Council, Pune (1970-1982) [2] Leadership; ... Revenue from taxes. Following is the Tax related revenue for the corporation.
The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
Pune Municipal Corporation (PMC) is the civic body that governs the inner limits of Pune, India. It is in charge of the civic needs and infrastructure of the metropolis , which is spread over an area of 500 sq. km. and has 3.4 million residents.
The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.
The Central Board of Direct Taxes (CBDT) is a part of the Department of Revenue, Ministry of Finance. The CBDT provides inputs for the policy and planning of direct taxes in India and is also responsible for the administration of direct tax laws through the IT Department.
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
Pune district is a district in state of Maharashtra in India. There are 15 talukas (talukas) in Pune district (including 2 city talukas). The 15 talukas are divided into following 5 district subdivisions.
Pune and the region's forts frequently changed hands between the Mughals and Shivaji. [42] In the Treaty of Purandar (1665), signed by the Mughal general Mirza Jaisingh and Shivaji, Shivaji ceded control of a number of forts in the district to the Mughals. [43] Shivaji recaptured many of these forts when the truce ended.