Pimpri Chinchwad Property Tax Defaulters Get 90% Penalty Waiver Until March 31
Despite a surge in payments following the launch of its first-ever property tax amnesty scheme, the Pimpri Chinchwad Municipal Corporation is struggling to reach its ₹1,000 crore revenue target for the 2025–26 fiscal year. Since the "Abhay Yojana" began on March 1, the civic body has collected approximately ₹80 crore from defaulters who cleared their dues in a lump sum to avail of a 90% penalty waiver. However, total collections currently stand at ₹830 crore, which is significantly lower than the ₹966 crore earned in the 2024–25 financial year and the ₹977 crore recorded in 2023–24. With only one week remaining before the March 31 deadline, the administration faces an uphill task to even match last year’s performance, let alone hit its ambitious new goal.
The introduction of the amnesty scheme was a response to a noticeable dip in tax collections and repeated requests from local representatives to provide financial relief to residents. While the administration has already waived ₹19.15 crore in penalties to encourage compliance, the overall shortfall suggests that many large-scale arrears remain unpaid. Civic officials are making a final push to urge residents to settle their outstanding balances before the end of the month, highlighting that this is a unique opportunity to clear long-standing debts with minimal financial burden. As the fiscal year draws to a close, the final success of the scheme will be measured by whether the last-minute rush can close the ₹130+ crore gap required to meet previous benchmarks.
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