New property tax to become effective in Pakistan from July 2020

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New, property tax, effective, July 2020, Excise, Taxation, Pakistanis, new tax

Multan - Residential areas and commercial areas would be kept separate.

By APP

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Published: Fri 20 Dec 2019, 5:00 PM

Last updated: Sat 21 Dec 2019, 8:07 AM

Excise, Taxation & Narcotics Director Muhammad Abdullah Khan said that the new property tax would become effective from July 2020.
Talking to journalists in Multan on Friday, he said a grand survey was underway after five years to add new buildings into the tax net, adding that door-to door marking would also be made during the survey.
He said that it was also decided during the conference of directors that residential areas and commercial areas would be kept separate.
He urged property owners to update their documents and said an awareness drive was also being launched.
He said professional tax would be made computerized soon, adding that they decided to collect entertainment tax from cinemas again and now the tax would be fixed.
He said that people could contact to the excise office to collect number plates of their vehicles and motorcycles.


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