The Punjab government decided to impose a property tax on houses in the province, adding to the woes of the already burdened public. According to sources, the Punjab Excise and Taxation Department has been directed to compile a record of all houses in the province by next month, the sources said. The tax will be levied on houses measuring 5 marlas or above, with rates varying according to the value of the property. According to the sources, the houses worth over Rs 5 million will be taxed.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Zalmay Khalilzad calls on PM Khan 

US ambassador to Afghanistan, Zalmay Khalilzad called on PM Imran Khan to…

LHC approves Imran Khan’s protective bail plea

Lahore: The Lahore High Court (LHC) on Monday approved the protective bail…

Zahir Shah takes charge as deputy chairman of NAB

Islamabad: On Monday, President Arif Alvi appointed Zahir Shah as the new…