Exemption for Properties Under Rs. 50 Lakhs
Exemption for Properties Under Rs. 50 Lakhs Under the new policy, properties and plots valued below Rs. 50 lakhs as per the District Collector rates are completely exempt from property tax. Whether you own a modest 10-marla house or a one-kanal plot, if its assessed value falls below the threshold, you won’t have to pay […]
What is property tax?A complete Guide how to calculate it
What is Property Tax? A Complete Guide on How to Calculate It! Introduction Property tax is an effective tax paid by property owners in Pakistan. It is also one of the biggest incomes for a country’s budget and is necessary for infrastructure and service development. This is important specially to those who own residential and […]