HomeBusinessWhat houses will be taxed? When will the application be made?

What houses will be taxed? When will the application be made?

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Lahore (Web Desk) Deciding to assess the small and big houses coming in the rental area across the Punjab, the Excise Department has directed all the directors to compile the records of the houses in the next month .

According to the excise authorities, the record of all houses with 5 marla or above was compiled first, after the transfer to the DC rate from January 1, the tax will be applied on the houses without discrimination, according the DC rate, and houses. with a value above 50 lakhs will come in the tax net
Excise authorities said a sample survey of all commercial properties has been ordered to be sent to the DG’s office.
Work is underway on the preparation of the app to implement the new system from January 1. A summary of the amendments in the rules will be prepared and sent to the government next week, the additional DG Excise has published instructions to the directors to implement the new rules.
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