The Department of Excise, Taxation & Narcotics Control has sealed a total of 248 property units in a major operation against property tax, luxury tax and commercial property tax defaulters in Rawalpindi district.
As part of the crackdown on defaulters, the excise department has arrested 13 major defaulters and has successfully recovered a sum of Rs30.07 million from them.
Building upon this momentum, the department has made it mandatory for all major VVIP housing societies within the city to obtain a No Objection Certificate (NOC) from the department for the sale and transfer of property titles.
Any properties that are transferred without this NOC will be considered a bookable offence, and violators will be subjected to heavy fines.
On contact, sources in the department confirmed that the rule of NOC will provide the department with additional revenue of millions of rupees annually.
They said that the property registrar has already been informed about this through a notice.
According to the notice, houses and plots in big housing societies can no longer be transferred without NOC from the department.
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