Private housing societies brought under tax net

Private housing societies brought under tax net

In a bid to reduce the persistent property tax shortfall of the past three years and boost revenue, the Excise, Taxation, and Narcotics Control Department has brought all private housing societies within the jurisdiction of the Rawalpindi Development Authority (RDA) and the District Council directly into the property tax net. The department has announced that from September onwards, both domestic and commercial property tax, as well as luxury ta…