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CDA Collected PKR 40 Million Tax Revenue in July 2022

ISLAMABAD, August 13, 2022- The Capital Development Authority (CDA) collected Rs. 40 million in tax revenue in July 2022. 

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Sources claim that the CDA has published tax statistics for the first month of the fiscal year 2022–23 after changes were made to the land-related procedure. The revenue was collected from various departments. Rs. 2 million was collected from the building control directorate for awarding 20 completion certifications to residential constructions.

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The granting of a completion certificate for a commercial building generated PKR 100,000 in revenue. PKR 150,000 was earned through the endorsement of 10 building plans. The granting of no-objection certificates (NOCs) for 38 commercial structures brought in PKR 35 million. By giving 55 residential buildings NOCs, PKR 2 million was earned. The owners of two properties were penalized PKR 1.5 million for breaking building regulations.

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