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Decision to collect property tax from vacant lots

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Lahore Excise Department (Newsdesk) has decided to collect property tax from vacant plots across the province including Lahore.

In addition, DG Rizwan Sherwani said that geo-tagging will be done to identify those who do not pay taxes on vacant lots.

Geotagging will identify all the vacant lots in the rating areas, more than 1 lakh 15 thousand vacant lots are in the tax net across Punjab including Lahore.

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More than 70 percent of the vacant plots are in large societies of Lahore, 3 to 3.2 lakh vacant plots will be included in the tax net through geotagging.

According to the value of the rating area, the annual tax is collected from empty plots from 3 thousand to 12 thousand, the inclusion of new plots in the tax net will increase the annual income by one to of one and a half billion.

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