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BMC PROPERTY TAX
BMC Election 2026: How Mumbai’s civic body became India’s richest local corporation with a Rs 74,000-crore cheque bookMumbai's civic body, the BMC, proposes a record Rs 74,427 crore budget for 2025-26. This vast sum dwarfs state budgets and highlights the B...
Want to pay property tax in Mumbai online? BMC advises homeowners to do their KYC online, here is a step-by-step guideThe Brihanmumbai Municipal Corporation (BMC) is encouraging Mumbai property owners to complete their KYC online via https://ptaxportal.mcgm...
BMC warns of stringent action if property tax dues not paid by May 25BMC urges tax payment by May 25 deadline, threatens action. Rs 3,195 crore tax collected last year. Doubling tax for non-Marathi signs in s...
Mumbai to impose double property tax for non-Marathi signboardsBMC in Mumbai enforces Marathi signboards for shops, aligning with rules and Supreme Court directive. Compliance drive resulted in fines, h...
BMC presents Rs 45,949 crore budget; no property tax for flats measuring up to 500 sq ft"About 16,14,000 citizens will get 100 per cent property tax relief. The amount of exemption to citizens is to the tune of Rs 462 crore per...
Property tax bills on email, BMC asks citizens to register on website“Kindly fill up the relevant authentic details. Taxpayers will receive updates/notifications through email on registered email i /sms on re...
BMC attaches Nirav Modi's properties for tax recoveryThe Brihanmumbai Municipal Corporation has attached three out of four properties here of fugitive diamond businessman Nirav Modi for the re...
BMC to give tax rebate for water harvesting, waste processingThe municipality corporation will offer up to 13 per cent relief on the property tax for societies who segregate waste and undertake water ...
Property tax waiver cleared for flats up to 500 sq ft in MumbaiChief minister Devendra Fadnavis said the state decided to give a waiver in property tax only in Mumbai as the BMC is financially stable an...
Do not pay property tax to Brihanmumbai Municipal Corporation: Milind DeoraThe Congress MP said that both the Sena and the BJP had fooled people by claiming that they would waive property tax.
In 26 days, Mumbaikars pay Rs 500 crore in property taxIn March, the BMC has initiated action against 27 properties, mostly commercial, like water supplies being disconnected or attachment notic...
Mumbai: Not paid property tax yet? You cannot sell or transfer it nowBrihanmumbai Municipal Corporation (BMC) had sent them several reminder notices and disconnected services for not paying the tax.
BMC exempts houses from property tax with carpet area up to 500 sq ftThe proposal moved in the civic body's council if approved by the government, will benefit 14 lakh households in the metropolis.
New property tax rules for mumbai gets BMC nodThe move is expected to increase the property tax collection by 14.5% in 2015-16, against around 27% estimated as per old rules.
- SC relief for Nariman Point properties
For property tax calculations, the rateable value was treated as annual rent at which land or a building might reasonably be expected to be...
- City property is too hot to tax
It’s never too late for the government. A legislative committee formed in July, with a six-months mandate to study a draft Bill to reform M...
- BMC gears up to tap the markets
- City property tax may not rise yet
Politics has once again prevailed over civic reforms in Mumbai. The Vilasrao Deshmukh government has deferred the move to rationalise the c...
- Poll vault: BMC not to hike property tax now
Property owners in South Mumbai and old parts of the island city can heave a sigh of relief.
- BMC favours capital value system
Property owners in South Mumbai will have to pay more as property tax if the BMC decides to shift to capital value system of calculating ta...