Lahore: Punjab Excise & Taxation department has identified 15,000 properties of people outside the tax net, a news source reported. The project to identify such properties outside the tax net has been launched under the instructions of provincial Excise Minister Hafiz Mumtaz Ahmad and is being overseen by Director Region “B” Lahore Rao Shakeel ur Rehman.
The areas where properties outside tax net have been found include housing societies on canal road, Multan Road, Gulberg, Garden Town, Sabzazar, Ferozepur Road, and Raiwind. According to initial investigation, these property owners owe PKR 380 million in property tax. Non-payers of property tax will be sent notices and high officials have asked for daily reports regarding this.
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Samra Zulfiqar
Samra Zulfiqar is a Real Estate Analyst at Zameen Media (Pvt) Ltd. You can also find and follow her on Google+.