PCMC's property tax collection in first quarter stands at Rs522cr
2
3
Pune: The Pimpri Chinchwad Municipal Corporation (PCMC) has achieved record-breaking property tax collection in the first quarter of the 2025-26 financial year.
This is largely due to the effective use of data from its "City Hub for Data Communication" (CHDC) project.
In the first 90 days, the PCMC has collected Rs522 crore towards property tax, which is over 50% of the total tax revenue earned in the last fiscal year. Last year, the civic body reached the Rs500-crore-mark only by Oct.
You Can Also Check:
Pune AQI
|
Weather in Pune
|
Bank Holidays in Pune
|
Public Holidays in Pune
This strong start has the PCMC aiming for an unprecedented annual collection. In the 2024-25 financial year, the PCMC had collected Rs965.71 crore in property tax, compared to the record-setting Rs977 crore in 2023-24.
Launched earlier this year in Feb, the CHDC project is touted as the first-of-its-kind in India. It empowers the municipal corporation to analyze data and implement data-driven solutions. Civic officials claim that only New York (United States of America) and Tel Aviv (Israel) have similar projects effectively implemented so far.
The CHDC has enabled data-driven planning, real-time analysis of defaulters, and the identification of area-specific tax response patterns.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Free P2,000 GCash eGift
UnionBank Credit Card
Apply Now
Undo
Avinash Shinde, assistant municipal commissioner and head of the PCMC's property tax department, said the civic body used data to segregate taxpayers who historically preferred to pay their dues at the end of the financial year instead of paying it every quarter.
"The frequency of reminder messages to these property owners was increased from April with information about additional discounts like 10% concession on general tax for online payment and 2% more for paying their dues in time for three consecutive years.
This helped us push them to pay their dues quarterly," he said.
"Strategic planning by the tax department, use of data through the CHDC, door-to-door delivery of bills via self-help groups, and effective public communication have all contributed to crossing the Rs522 crore mark in record time," municipal commissioner Shekhar Singh said.
Pune: The Pimpri Chinchwad Municipal Corporation (PCMC) has achieved record-breaking property tax collection in the first quarter of the 2025-26 financial year.
This is largely due to the effective use of data from its "City Hub for Data Communication" (CHDC) project.
In the first 90 days, the PCMC has collected Rs522 crore towards property tax, which is over 50% of the total tax revenue earned in the last fiscal year. Last year, the civic body reached the Rs500-crore-mark only by Oct.
This strong start has the PCMC aiming for an unprecedented annual collection. In the 2024-25 financial year, the PCMC had collected Rs965.71 crore in property tax, compared to the record-setting Rs977 crore in 2023-24.
Launched earlier this year in Feb, the CHDC project is touted as the first-of-its-kind in India. It empowers the municipal corporation to analyze data and implement data-driven solutions. Civic officials claim that only New York (United States of America) and Tel Aviv (Israel) have similar projects effectively implemented so far.
The CHDC has enabled data-driven planning, real-time analysis of defaulters, and the identification of area-specific tax response patterns.
Avinash Shinde, assistant municipal commissioner and head of the PCMC's property tax department, said the civic body used data to segregate taxpayers who historically preferred to pay their dues at the end of the financial year instead of paying it every quarter.
"The frequency of reminder messages to these property owners was increased from April with information about additional discounts like 10% concession on general tax for online payment and 2% more for paying their dues in time for three consecutive years.
This helped us push them to pay their dues quarterly," he said.
"Strategic planning by the tax department, use of data through the CHDC, door-to-door delivery of bills via self-help groups, and effective public communication have all contributed to crossing the Rs522 crore mark in record time," municipal commissioner Shekhar Singh said.
Get the latest lifestyle updates on Times of India, along with
Doctor's Day 2025
,
messages
and quotes!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
22 minutes ago
- Time of India
Reliance Retail Q1 results: Profit rises 28.3% YoY to Rs 3,271 crore, gross revenue jumps 11.3% to Rs 84,171 crore
Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries , on Friday reported a 28.3% year-on-year rise in its profit after tax at Rs 3,271 crore for the quarter ended June 30, 2025, buoyed by robust performance across segments and continued network expansion. Gross revenue for the first quarter rose 11.3% to Rs 84,171 crore, compared to Rs 75,615 crore in the same period last fiscal. Revenue from operations came in at Rs 73,720 crore, up from Rs 66,260 crore, PTI reported. 'All segments performed well, with market-leading performance in grocery and fashion. Consumer electronics and devices were impacted because of the early onset of monsoons, but recovery is underway,' the company said in its filing. The retail giant added 388 new stores during the quarter, taking the total count to 19,592 with an operational footprint of 77.6 million sq ft. The registered customer base expanded to 358 million. 'Retail's business … customer base expanded to 358 million, along with significant improvement across operating metrics. We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers,' said Mukesh D. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Ambani, Chairman and Managing Director, Reliance Industries Ltd, PTI quoted. He added 'Our retail business continues to enhance its ability to fulfil everyday as well as specialized needs of all customer cohorts, through a multi-channel approach.' Strong omnichannel push, growth across verticals JioMart expanded its quick hyper-local delivery services, recording 68% sequential growth and 175% year-on-year growth in daily orders. The digital platform's operations now span 4,290 pin codes through over 2,200 stores in more than 1,000 cities. Reliance Retail's fashion and lifestyle vertical saw revenue and EBITDA growth driven by strong own brand performance and new store formats. Emerging formats such as GAP, Azorte, and Yousta grew 59% year-on-year and now operate over 170 stores. AJIO expanded its product catalogue by 44% year-on-year to over 2.6 million options, adding several new brands during the period. In grocery, Reliance consolidated its leadership position. The Metro format posted robust growth, with key categories such as home and personal care up 25%, and hot beverages, dry fruits, and nuts each rising 20% year-on-year. Subscription services were expanded to 26 cities, achieving a 45% rise in orders year-on-year. The consumer electronics business saw steady growth, driven by a 26% rise in average bill value, although AC sales were hit due to the early onset of monsoon. The JioMart Digital business also posted strong growth, aided by merchant expansion and brand portfolio diversification. The acquisition of the Kelvinator IP for India will strengthen Reliance's consumer durables play. The jewellery business posted a steady performance despite gold price volatility, with a 47% increase in average bill value year-on-year. 'Reliance Retail delivered resilient performance during this quarter, driven by our relentless focus on operational excellence, geographical expansion and sharper product portfolio. Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility,' said Isha M. Ambani, Executive Director, RRVL, quoted PTI. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
23 minutes ago
- Time of India
Why Australia still wins: High costs, tougher visas, but global students aren't leaving
FILE PHOTO: Univerysity of Sydney In an era when the cost of international education is under fierce scrutiny, one destination continues to defy expectations: Australia. Despite rising housing prices, tightened visa policies, and a high cost of living that surpasses several competing nations, the country remains one of the most sought-after academic destinations for students across Asia, Africa, and beyond. So what exactly is keeping the global student tide flowing toward the southern continent? The answer lies in a carefully balanced blend of academic reputation, employment opportunity, lifestyle appeal, and long-term migration prospects. The reality check: Costs are climbing There's no ignoring it, studying in Australia is expensive. Average monthly living costs in cities like Sydney or Melbourne can stretch beyond AUD 2,000, excluding tuition. Rent inflation, grocery bills, and transport expenses are rising at a rate outpacing wage growth in many parts of the country. To complicate matters further, the Australian government has recently moved to tighten post-study visa eligibility and job-hour caps for international students, measures aimed at curbing exploitative enrollment practices but also adding to the stress of genuine learners. Yet despite these roadblocks, student interest isn't waning—it's evolving. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy the Dip: Top 5 Dividend Stocks with Growth Potential Seeking Alpha Read More Undo Academic firepower: Global ranking, local access Australia boasts several universities ranked among the world's best, including the University of Melbourne, Australian National University, and the University of Sydney. Degrees from these institutions are recognized globally, offering students not only academic credibility but also international mobility. Moreover, many institutions offer diverse programme structures, flexibility in course selection, and strong support systems for international students, including dedicated student services, language support, and tailored career guidance. Post-study work rights: The game changer A major draw continues to be Australia's robust post-study work visa system. While the government has tightened some aspects of eligibility, students graduating from select degrees in health, STEM, and regional universities remain eligible for longer post-study work durations, up to six years in some cases. For many international students, particularly from India, these work rights are not just an extension of learning but a gateway to permanent residency. That long-term opportunity offsets upfront cost concerns. Multiculturalism and lifestyle: A soft power advantage A ustralia's welcoming environment is another silent persuader. Campuses across the country host students from dozens of nationalities, making integration easier and discrimination less pronounced than in some Western counterparts. Public safety, outdoor lifestyle, and English-medium instruction further smooth the transition for newcomers. Indian students, in particular, cite cultural openness, food familiarity, and community networks as key reasons for choosing Australia over more restrictive or less familiar countries. New challenges, adaptive choices Still, the road ahead is not without friction. Increased scrutiny over student visas and part-time work has made it harder for financially constrained applicants to sustain themselves solely through onshore income. As a result, many are reconsidering course choices, targeting regional campuses with lower living costs, or seeking scholarships and assistantships to bridge the financial gap. Universities are responding with new financial aid schemes and hybrid learning models to stay competitive. Australia still delivers, but selectivity will rise In a global market where students are weighing value more carefully than ever, Australia continues to offer a high return on investment, especially for those seeking a mix of quality education and long-term migration pathways. But the message from Canberra is clear: the era of open doors and unlimited work hours is over. For serious, qualified students willing to plan, adapt, and invest, however, Australia remains not just an education hub, but a life-changing springboard. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
Time of India
27 minutes ago
- Time of India
Dreaming of a career in AI? These US universities are leading the charge
Image credit: Pexels In the age of machine learning, big data, and artificial intelligence (AI), the demand for data science professionals has skyrocketed. With every industry—from healthcare to finance—being reshaped by algorithms, the academic pursuit of AI and data science has surged dramatically. According to market research firm Statista, the global AI market is expected to cross $1.8 trillion by 2030, a figure driven not just by innovation but also by a growing talent pipeline rooted in higher education. The United States stands at the heart of this revolution, home to some of the world's most prestigious institutions for data science and AI. In the QS World University Rankings by Subject 2024 (Data Science & Artificial Intelligence), US universities dominate the top spots, reflecting both academic excellence and real-world impact. Here are the top five US universities that are shaping the future of AI: Massachusetts Institute of Technology ( MIT ) Global Rank : 1 Overall Score : 96.6 MIT's leadership in AI is indisputable. With decades of innovation, from the MIT-IBM Watson AI Lab to the Computer Science and Artificial Intelligence Laboratory (CSAIL), the institute continues to produce cutting-edge research and industry-ready graduates. Its interdisciplinary approach to ethics, machine learning, and neural networks places it at the pinnacle of global AI education. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy the Dip: Top 5 Dividend Stocks with Growth Potential Seeking Alpha Read More Undo Stanford University Global Rank : 2 Overall Score : 96.1 Nestled in Silicon Valley, Stanford has been a pioneer in artificial intelligence since the 1960s. The university is closely integrated with tech giants like Google and NVIDIA, and its AI Lab is known for producing world-class researchers and entrepreneurs. Stanford's curriculum combines strong theoretical foundations with entrepreneurial applications, making it a magnet for global talent. Carnegie Mellon University (CMU) Global Rank : 3 Overall Score : 95.9 Carnegie Mellon's School of Computer Science consistently ranks among the best in the world. CMU's AI programmes are deeply research-driven, with initiatives like the Robotics Institute and Language Technologies Institute pushing boundaries in natural language processing, computer vision, and autonomous systems. The university's rigorous coursework and hands-on labs prepare students for real-world AI challenges. University of California, Berkeley Global Rank : 4 Overall Score : 95.3 UC Berkeley is home to the Berkeley Artificial Intelligence Research (BAIR) Lab, which fosters collaboration between students, faculty, and industry experts. Its emphasis on open-source AI tools and public impact has led to significant breakthroughs in deep learning and ethics in AI. Berkeley's strength lies in its blend of academic rigor and social responsibility. Harvard University Global Rank : 6 Overall Score : 93.2 Harvard brings a unique interdisciplinary flair to data science, combining its strengths in computer science, statistics, and ethics. The university's Data Science Initiative and collaborations with MIT's AI research amplify its reach. With a focus on responsible AI and data governance, Harvard prepares students to lead with both technical prowess and moral clarity. The Takeaway These top US institutions are not just academic beacons—they're the nerve centers of a global AI transformation. Their influence shapes public policy, fuels start-ups, and informs ethical AI use worldwide. As demand for skilled professionals intensifies, students seeking to shape the future of machine intelligence would do well to look toward these elite universities. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
