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Property tax survey will commence after Eid-ul-Azha.

MULTAN: Excise and Taxation department would

start property tax survey after Eid-ul-Azha to bring the new

taxable units into tax net.

Deputy Director Admin and ETO Property taxes, Excise and Taxation

department Khalid Hussain Qasoori told APP here on Sunday that

preparations were underway to conduct property tax survey and

added that survey was being conducted after five years.

He said that there were 150,000 taxable units including 40,000

commercial and 110,000 residential units in the district. He said

that excise inspectors would visit the taxable units and get

information about rent and would compare it with last five years.

He said that 50 percent property tax would be increased according

to category of taxable units and hoped that Rs 200 to Rs 250

million extra revenue would be collected.

The Deputy Director said that new taxable units would also come into tax net as a result of survey.

Khalid Qasoori said that property tax target for last year was Rs

500 million while they had collected Rs 590 million and claimed that

excise department Multan remained on top across the province in property tax recovery.

He said that they would also start delivering 30,000 out of

150,000 property tax challans to taxable units from August.

He said that property tax challans would be delivered door-to-door

by excise constables.

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Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:Jul 30, 2019
Words:224
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