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Home Breaking News

Gujranwala Excise issues 6,000 notice to recover 10pc increased property tax

byZafar Malik
07/08/2015
in Breaking News, Illustrations, Latest News, National, Slider News, Today's Cartoon
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SIALKOT: The Excise and Taxation Department Gujranwala has issued as many as 6,000 tax recovery notices to the owners of the residential and commercial properties (including big houses, commercial plazas) located at the posh and inter-city areas.

Director Excise Gujranwala, Ahmed Saeed, said that during this first phase of recovery campaign, 6,000 notices have been issued to the defaulters for the recovery of the 10 percent property taxes, recently increased by the Punjab government.

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He said that there were more than 100,000 commercial and residential taxable properties in Gujranwala Division, saying that the Excise and Taxation Department would recover Rs 500 million as enhanced property taxes from them.

He revealed that the department would soon issue as many as 10,000 such recovery notices to the owners in the second phase of this recovery campaign.

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