Table of Contents

Property Survey Underway in Rawalpindi to Broaden Tax Net

Earlier reports indicated that the Punjab Excise, Taxation, and Narcotics Control (ET&N) Department had initiated a property survey in the Rawalpindi division in an effort to expand the tax net.

The survey is being done in 19 union councils to document new and historic residential and commercial structures.

Specialized teams have been formed under the direction of local excise inspectors to document and record newly constructed dwelling units, municipal corporation buildings, and commercial properties.

Beginning in January 2022, all business activities conducted in residential premises, including beauty salons, department stores, tuition centers, and small businesses, will be categorized as commercial and subject to additional taxes.

Read: Roger Federer Bids An Emotional Farewell to Tennis

In addition to warehouses, mini-factories, stores, tailor shops, confectioneries, production units, small and large shops, and other commercial establishments, the survey will document warehouses, mini-factories, stores, tailor shops, confectioneries, and production units.

According to sources, the agency intends to tax 5-marla residences with a rented first or second floor that were previously exempt. The completion of the survey by the end of December is anticipated to increase tax collection by 35 percent.

For more updates, stay tuned to Al Sadat Marketing News!

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *

Avail Discount on Installments through GFS-AIR (Advance Installment Receipt)

Get GFS - AIR Discount Forms