Increase in Property Taxes Reverted by Excise Rawalpindi
Rawalpindi’s Excise, Taxation, & Narcotics Department recalled the 80% increase in property taxes for the year, As per sources reported on December 14. The revocation also applies to property taxes in Punjab.
There will be a 10% discount on all tax payments going forward. Over 100,000 property owners will receive tax notices, as per the Excise Rawalpindi department. According to reports, tax notices will have to be issued by December 25 to the concerned officials.
Furthermore, a news source claims that property owners who pay their taxes using e-pay by December 31 will receive an additional 10% discount. In that case, you would pay 20% less tax if you paid your Rawalpindi property taxes by the end of the year than what you paid last year.