Pakistan News

    Property Tax Dues Details In Hyderabad Dhola

  • CTD seeks bank, property details of suspects under Fourth Schedule

    KARACHI: Apart from monitoring their “affairs” and “other activities” due to their suspected terror links, the Counter-Terrorism Department (CTD) of police has sought details of bank accounts, property and other assets of the persons whose names had been placed under the Fourth Schedule after the CTD was tasked with their surveillance, it emerged on Saturday...

    He added: “In order to form a truer picture of the activities of...

  • FBR receives details of property held by Pakistanis in UK

    ISLAMABAD: The Federal Board of Revenue announced that it has received data of all immovable properties owned by Pakistanis in the United Kingdom from tax authorities there...

    The data was received with the assistance of OECD and UK Tax Authorities, a short three-line press release issued by the FBR announced...

  • UAE banks to collect foreigners’ tax details from Jan 1

    KARACHI: Banks in the United Arab Emirates have started issuing an advisory to their foreign customers about implementation of a new global transparency policy that requires their tax details in their own country in a move to fight cross-border tax evasion and put an end to banking secrecy in tax matters, local media reported on Tuesday...

    It said the new regulation is part of the common reporting standard (CRS), also referred to as...

  • Citizens unhappy with hefty increase in Karachi-Hyderabad toll tax

    KARACHI: While the Karachi-Hyderabad motorway is still in the process of completion, authorities have increased the toll tax manifold on the ground that the Superhighway, as it was previously called, has now become a part of the countrywide network of motorways...

    Previously, the toll tax for a car going from Karachi to Hyderabad was Rs30...

  • Committee formed to revise property tax in Sindh

    KARACHI: The Sindh government has set up a committee to revise property tax rates by upgrading the valuation table designed in 2001...

    The new property tax rate formula to be evolved by the committee will take into account the increase in annual rental value (ARV) of residential and commercial units in Karachi as well as in the interior Sindh...

  • LHC orders PCB to pay Rs60mn property tax on Gaddafi Stadium

    LAHORE: The Lahore High Court (LHC) has ordered the Pakistan Cricket Board (PCB) to pay Rs60 million property tax on the Gaddafi Stadium, dismissing a petition by the board against levy of the tax by the excise department...

    Punjab government's counsel told the court on Wednesday that the PCB was using the Gaddafi Stadium for commercial purposes and was thus liable to pay tax...

  • Drive against property tax defaulters

    KARACHI: The Sindh government recovered Rs300 million from property tax defaulters during a drive launched by the Excise Department recently...

    The campaign is directed towards individuals and institutions owing Rs1 billion in tax dues...

  • Canada launches tax probe of property cheats in Vancouver

    OTTAWA: Canada’s tax authority is probing real estate deals in British Columbia for underpayment of taxes, amid a boom in sales, prices and property flipping, and said it is not specifically focusing on foreign investors...

    The Canada Revenue Agency said 50 income tax auditors and 20 auditors who specialise in the Goods and Services Tax are looking into real estate deals in British Columbia, where a prolonged surge in prices has...

  • Buildings sealed for not paying property tax

    RAWALPINDI: The Excise and Taxation Department sealed 15 commercial plazas in Gulraiz Housing Society on Tuesday because their owners had not paid property tax worth Rs3...

    The department had launched a campaign for recovering property tax in the Rawalpindi district under the supervision of Director Tanveer Gondal in January and recovered Rs650 million from residential and commercial property owners...

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