Rawalpindi: According to reports released on Sunday, a plan has been created to bring 24 rural densely inhabited union councils (UCs) of the area into the tax net (December 12).
Read More: Excise Rawalpindi reverts hike in property taxes
The union councils will thereafter be granted urban status, according to the details. Water, sewage, property, professional, and board taxes will be collected from the councils, according to sources. It was agreed that 20 of the council’s key roadways would be designated as commercial. All economic operations on these roadways will be included in the commercial tax net, according to sources.
Furthermore, the Excise, Taxation, and Narcotics Control Department has begun a survey in the Rawalpindi region to improve property tax collections. All houses utilized for commercial purposes, such as beauty salons, tailor shops, warehouses, and shops, will be evaluated as part of the survey.
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According to reports, the Punjab government has eliminated property taxes on homes up to 5 marlas. All five-marla houses that are totally or partially rented out, have one or two shops created, or have warehouses, mini-factories, or beauty salons established will be categorized as commercial and fall inside the tax net under the new plan. Also included in the tax net will be new stores, plazas, and houses built in the division within the last five years.
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