Abbottabad: According to media reports, the Cantonment Board Abbottabad (CBA) has changed the system for calculating property taxes. Authorities also discovered 7,000 residential and business units that had previously been exempt from taxation.
The adjustment was made following discussions with the Regional Headquarters, according to Cantonment Executive Officer (CEO) Ammara Ammar. 2,500 residential homes were previously under examination, according to data. She reported that the rationalisation of taxes was being made in the department. It was mentioned that Wah Cantonment and Abbottabad Cantonment were selected as model cantonments to implement rationalised property tax.
The CEO revealed that the taxes on identically sized properties differed. According to the figures, the discrepancy resulted in a loss of Rs. 39.2 million each year. The board’s average property tax collection was Rs. 65 million last year, up from Rs. 104 million the year before, she said.
CBA has also created a tax calculator, which will be available on the authority’s website, according to CEO Ammara Ammar. To make things easier for citizens, the authority is working on implementing an e-billing system.