More inclusive: Property tax scaled down by 200 per cent

New properties to be assessed in perspective of tax levied under the revised assessment policy.


APP June 07, 2013
High ups of military land and elected public representatives had issued directives to the CCB to decrease the tax. DESIGN: ESSA MALIK

RAWALPINDI:


The Chaklala Cantonment Board (CCB) has scaled down property tax by 200 per cent and approval has been accorded in this regard.


Sources said on Friday that the CCB had jacked up property tax four
times during 2011 which resulted in a dip in collection of taxes as owners of newly-built houses evaded integration into the tax net.

High ups of military land and elected public representatives had issued directives to the CCB to decrease the tax.

As per the revised assessment policy, the amount of property tax would go down from Rs 60,000 to Rs20,000 per annum in respect of residences located in posh areas.

Similarly, new properties would be assessed in perspective of tax levied under the revised assessment policy.

The CCB chief executive officer said that the step had been taken in public interest and it would increase tax collection manifold due to integration of newly-built houses into tax net.

Published in The Express Tribune, June 8th, 2013.

COMMENTS (2)

k. Salim Jahangir | 8 years ago | Reply

Is it only for Rawalpindi or for all Cantonments in Pakistan?Will somebody reading this clarify?

naeem khan Manhattan,Ks | 8 years ago | Reply

The people who live in posh areas are not poor people but well to do and it is their lobbying effort which paid off, now the surrounding area residents will pull the slack. Instead of putting liens on their property by the authority they succumbed to their pressure. Believe me if I don't pay my assessed property taxes in time, the country tax authority will put interest plus penalty on it and if I fail to pay the taxes in prescribed time frame, my property will be auctioned off to collect taxes. Pakistan is in the dire situation economically because people don't pay their fair share of taxes and the burden is transferred to the salaried class and low income people. Shame on The Chaklala Cantonment Board which should have not succumb to these unfair tactics.

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