Tax Exemption For Widows, Orphans, Retired Officers And MinorsFriday, May 03, 2013
The Secretary of Department of Taxation and Excise held a meeting including many senior heads and officials of the excise department. It was passed in the meeting that according to the instructions of the caretaker governor Punjab, the implication of the property tax on widows, orphans, retired government officials and minors was not applicable.
The said group of people will enjoy tax exemption from their 5 Marla property. Another bill was passed in the meeting regarding reduction in entertainment and luxury tax. It was said that people were already burdened under a lot of economic strain and therefore deserved a little reduction in entertainment taxes.