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Your email address will not be published.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

Kartarpur Corridor to open this Wednesday says, Amit Shah

On Tuesday, India’s Home Minister Amit Shah announced that the country would…

Germany warns Russia of sanctions over pipeline

Moscow/Donetsk: On Feb 22, Russia’s parliament approved pacts with two breakaway regions…

PM Kakar to depart for Saudi Arabia

Caretaker Prime Minister Anwaarul Haq Kakar will depart for Saudi Arabia from…

Resolution seeking ‘severe punishment’ for propaganda against army adopted

The Senate on Monday passed a unanimous resolution, recommending ‘severe punishment’ for…