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Home Latest News

Excise Sialkot fails to bring big property dealer under tax net

byZafar Malik
08/10/2015
in Latest News, National
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SIALKOT: As many as 22 special vigilance teams of Excise and Taxation Department were lying failed to  bring the big property dealers under the tax net after compiling their complete record, as the concerned Excise officials also remained reluctant to take any legal action against the big property dealers , which had been doing their big businesses of broker, property dealing , selling and purchasing the properties, taking commission of the agricultural lands and urban areas’ land openly by using their complete influence in Gujranwala Region’s all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts.

Despite the clear cut special directives issued by the Punjab government to bring all the property dealers under the tax net, the Excise department Gujranwala was still remaining failed to bring them under the tax net. Several Excise and Taxation officials had also the direct and indirect links with the accused property dealers and they were minting money by delaying the action against the property dealers with their mutual malpractices.

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Allegedly, the Excise and Taxation department officials were showing much loyalty to their “blue-eyed” property dealers than the department, as they were adopting deliberated inordinate delay in action against the property dealers regarding bringing them under the tax net after compiling their complete official record, in this regard.

The inordinate delay in the official registration of the property dealers by the Excise and Taxation special vigilance teams in Gujranwala Division was causing great financial losses of millions of rupees to the Punjab government, amazingly.

Federal Board Revenue(FBR) was also remaining unable to collect the professional tax, income tax, wealth tax and sales tax from these property dealers , as the FBR had to take further steps for recovery of these taxes on the final  official registration lists  of the property dealers to be compiled by the Excise and Taxation Department in Gujranwala Division.

Reportedly, the big property dealers, having political influence, had been working openly at their luxurious offices established by them at the sites of almost all the grand housing schemes, residential colonies located in the posh areas in Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts.

When contacted , the concerned officials of E&T said that the special teams were busy in registration of the property dealers besides making all out sincere efforts t bring maximum people under the tax net, in this regard.

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