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Home Islamabad

Property tax notices issued to private housing societies in Islamabad

byCT Report
06/12/2016
in Islamabad
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ISLAMABAD: The Capital Development Authority has also increased its efforts to collect more revenue and issued property tax notices to the inhabitants of private housing societies in the federal capital.

The source said that in the past residents of the private housing societies were excluded from the property tax burden but the Mayor of Islamabad and CDA Chairman Shaikh Ansar Aziz has decided to extend the net of property tax to increase the CDA’s income.

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However, the CDA has not issued property tax notices to the influential people who have built high rise buildings, shopping plazas and marquees on the prime land of E/11 Sector located along the Margalla Road. It is beyond comprehension that these commercial properties built on prime land have remained untaxed while residential houses and other properties built on not so prime lands of the same sector have been taxed at a rate applicable to the posh E/7 Sector.

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