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Professional Tax to be levied on property dealers - Zameen News

Professional Tax to be levied on property dealers

April 30, 2018 • news

Rawalpindi: To bring property dealers into the tax net, the Excise Department has decided to levy Professional Tax on property dealers, according to a news report. A list of 1800 property dealers has been prepared who will be sent notices to pay the tax.

According to the details, PKR 10,000 Professional Tax will be levied from property dealers whose offices are located within the limits of municipal corporation, while PKR 5,000 will be levied from those situated outside the limits of municipal corporation. About 70 dealers have already been sent notices. Offices will be sealed in case of non-payment of taxes.