Achi news desk-
A heavy tax has been imposed on properties in the federal capital, Islamabad, which has been notified by the Capital Development Authority (CDA).
According to the notification issued by CDA, a heavy property tax has been levied annually on plots in sectors and housing associations. According to the notification, a tax of 24 thousand has been imposed on plots up to 140 square yards in Shahzad Town, Margalla Town and Rawal Town, while a property tax of Rs 180 thousand has been imposed on farmhouses up to 8 kanals.
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The notification states that property tax will be Rs 4 lakh 42,000 on farmhouses of 90 to 120 kanals, commercial properties in the green area will be taxed at Rs 32 per sq ft on the ground floor and Rs 22 per sq ft on the Residential basement. A flat will be taxed at Rs 26 per sq ft.
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Apart from this, a property tax of Rs 22 per sq ft will be levied in private hospitals, a tax of Rs 180 per sq ft in petrol pumps and CNG stations, while a property tax of Rs 13 per sq ft will also be levied. get up in marquees and wedding halls.
