Rs 430mln Property Tax Recovered By Excise Deptt Multan
Umer Jamshaid Published December 02, 2020 | 06:20 PM
MULTAN, (UrduPoint / Pakistan Point News - 2nd Dec, 2020 ) :Excise,Taxation and Narcotics Control (ET&NC) department Multan have recovered Rs 430 million as property tax till November chasing a target of Rs 675 million for the fiscal year 2020-21,said by officials on Wednesday.
Figure showed ET&NC Multan achieved over 63 percent of the total target till November while the second quarter of fiscal year 2020-21 was still in progress and department might surpass the target through efforts in third and fourth quarter i.e first half of 2021.
ETO property tax Khalid Hussain Kasuri told APP that five per cent waiver facility in property tax payments was no more available, however,he added that it could still be availed through e-payment channels.
Kasuri said there were 155,000 property tax payers in Multan but only 50percent of them have made payments so far.He said that property tax collection process was in progress as per routine and no crackdown was on the cards due to novel coronavirus epidemic.
He said that teams were being formed to expedite the tax recovery process in the ongoing month of December 2020. He said that a new survey to bring more property tax payers in the fold would begin within the ongoing month.
Recent Stories
Pre-Order Your Coolest vivo Y100 Today
SC suspends PHC ruling against allocation of SIC reserved seats
ADB reaffirms continued support to Pakistan
OIC Contact Group on Jammu & Kashmir calls for early resolution of J&K dispute
Yango joins hands with Discover Pakistan to present and preserve the country’s ..
Saudi govt, companies consider Pakistan high priority economic opportunity: Ibra ..
Saudi Crown Prince expected to visit Pakistan this month
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 6 May 2024
Today Gold Rate in Pakistan 06 May 2024
Dubai Mum Becomes the First Ever Pakistani Woman to Climb 11 of the 14 Highest M ..
Over 37% Tobacco tax increase suggested to save lives, boost revenue
Mohsin Naqvi has offered a substantial incentive, pledging $100,000 to every pla ..
More Stories From Business
-
Rs 520m released for schemes of Wasa
1 hour ago -
ADB reaffirms continued support to Pakistan
1 hour ago -
EU election could force sharp turn in electric car policy
2 hours ago -
Shipping activity at Port Qasim
2 hours ago -
2 plots sealed over illegal construction
2 hours ago -
Yango joins hands with Discover Pakistan to present and preserve the country’s cultural and natura ..
2 hours ago
-
Foreign investment pivotal for 'Macro Economic Stability' in Pakistan: Finance Minister
2 hours ago -
Hong Kong's Hang Seng Index opens 0.07 pct higher
2 hours ago -
May Day holiday sees over 1.3 billion passenger trips across China
3 hours ago -
Revenues of Chinese SOEs up 3.2 pct in first 3 months
3 hours ago -
Turkish stock exchange opens week flat
3 hours ago -
Govt's facilitation approach builds investor’s confidence: Jam Kamal
3 hours ago