Key Takeways
- Since the introduction of the Goods and Service Tax (GST), the PMC has relied on devolutions from the GST collections to be the primary source of revenue. However, this is the second consecutive year in which the Pune Municipal Corporation (PMC) anticipates the highest revenue collections from the Building, Licenses, fees, rents and funds.
- It has budgeted an increase of 17.7% in revenue from building licenses, fees, rents, and funds.
- The total budget estimate of the PMC for building licenses, fees, rents, and funds is ₹ 3580 crores of which ₹1,987 crores (55.5%) is solely expected from Building Licenses fees.
- GST – Second highest source contributing 21.57%, followed by Property Tax at 12.22% as compared to last year.
- Water tax revenue is projected to increase significantly by 21.87%.
- Of the total ₹1,477 crore that has been budgeted for the financial year 2025-26, ₹743 crore (50.3%) is proposed to be collected from water tax and related taxes. – signaling a marginal improvement in the tax collection efficiency of the PMC.
Income at a glance
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