10 per cent increase in property tax

Rs1.5b in property tax has been imposed on residents of district Rawalpindi for 2018-19

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Staff Report

Rawalpindi

In a recent development the provincial government has increased property tax by 10 per cent and the decision is to be applied everywhere in the province including Rawalpindi district

According to media reports, Secretary Excise Punjab has issued orders to give five per cent rebate to citizens on the payment of property taxes till December 31.

The Daily Morning Mail has further learnt that Rs1.5 billion in property tax has been imposed on residents of district Rawalpindi for the year 2018-19.

On the other hand, 10 per cent increase in the property tax has been made this year compared to the previous year.

Secretary Excise Punjab has given tax target to all excise officials.

Director of Excise department has given the target of collecting Rs500 million in taxes to his excise inspectors. These 23 inspectors are appointed in circles of all four zones that they are tasked to collect Rs500 million till December 31.

Those residents who pay their taxes till December 31 will be given rebate of 5 per cent, an official stated.

The process of collecting property tax which was suspended four months back has been started again after the new government issued orders in that respect.

The citizens will be able to pay their taxes from yesterday.