Hey there, folks! It looks like the state government’s decision to suspend tax collection in 34 newly incorporated villages is causing quite a stir in Pune. The villagers have been pushing for a break from municipal taxes for a while now, claiming that the infrastructure in their areas is lacking. With the suspension of tax collection, the municipal corporation is expected to take a hit in revenue, dropping from Rs 2,600 crore to Rs 2,300-2,350 crore.
But that’s not all – the PMC is also facing some challenges in revenue collection, with over Rs 500 crore in outstanding property tax dues from the newly incorporated villages. Plans to recover these arrears have been thrown off track due to recent government decisions, like the suspension of penalty collections during the Lok Sabha elections.
With this drop in income, the PMC is struggling to keep up with its ongoing projects. The funds from the state government that support these initiatives are now in jeopardy, leading to delays in daily operations and maintenance work for city infrastructure.
To add to the financial strain, there are over Rs 1,000 crore in property tax arrears from merged villages weighing down the municipal corporation. Pune residents are anxiously waiting to see how the outcome of the Assembly elections will affect the city’s infrastructure and development.
It’s definitely a tough situation for the PMC, so let’s keep an eye on how things develop in the coming days. Stay tuned for more updates on this story!
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