LAHORE - Caretaker Punjab government has approved several amendments in the property tax and motor vehicle tax rates across the province. Punjab caretaker cabinet approved these proposals sent by the Secretary Excise, Taxation and Narcotics Control Department (ET&NC) in the recent meeting. The cabinet permitted the department to conduct a fresh survey for assessment of property tax in Punjab. He hoped that from January 1, 2024, property tax would be assessed according to the new survey. Earlier, the survey of immoveable properties for property tax was conducted in 2014.
Source: The Nation July 31, 2023 13:11 UTC