{"id":54325,"date":"2019-08-15T10:00:13","date_gmt":"2019-08-15T05:00:13","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54325"},"modified":"2019-08-08T16:28:41","modified_gmt":"2019-08-08T11:28:41","slug":"fbr-to-take-action-against-commercial-use-of-residential-property","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-to-take-action-against-commercial-use-of-residential-property.html","title":{"rendered":"FBR to take action against commercial use of residential property"},"content":{"rendered":"<p>Sargodha: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against individuals found <a href=\"https:\/\/www.zameen.com\/news\/crackdown-against-commercial-use-of-residential-buildings-after-eid.html\" target=\"_blank\" rel=\"noopener noreferrer\">using residential property for commercial purposes,<\/a> a news source reported. To facilitate these measures, the board has begun compiling lists of such property owners.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/four-establishments-sealed-for-commercial-activities-in-residential-areas.html\" target=\"_blank\" rel=\"noopener noreferrer\">Four establishments sealed for commercial activities in residential areas<\/a><\/p>\n<p>Several business such as general stores, bakeries and electronic stores are being set up in houses. This illegal practice is causing financial loss to the national exchequer; since the owners have not acquired commercial metres and are running their operations on residential water, gas and electricity connections.<\/p>\n<p>Moreover, these individuals haven\u2019t registered their businesses with the authorities concerned in order to avoid the imposition of commercial property tax.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/anti-corruption-dept-sargodha-recovers-pkr-64-mn-in-map-fees.html\" target=\"_blank\" rel=\"noopener noreferrer\">Anti-Corruption dept Sargodha recovers PKR 64 mn in map fees<\/a><\/p>\n<p>To cope with the situation and attend to the non-conforming usage of property, the FBR has formed a list of several such businesses. Similarly, it has begun notifying the people who have converted their residential properties into commercial ones without seeking official approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sargodha: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against individuals found using residential property for commercial purposes, a news source reported. To facilitate these measures, the board has begun compiling lists of such property owners. Read:\u00a0Four establishments sealed for commercial activities in residential areas Several business such as general stores, bakeries and electronic stores are being set up in houses. This illegal practice is causing financial loss to the national exchequer; since the owners have not acquired commercial metres and are running their operations on residential water, gas and electricity connections. Moreover, these individuals haven\u2019t registered their businesses with the authorities concerned in order to avoid the imposition of commercial property tax. Read:\u00a0Anti-Corruption dept Sargodha recovers PKR 64 mn in map fees To cope with the situation and attend to the non-conforming usage of property, the FBR has formed a list of several such businesses. Similarly, it has begun notifying the people who have converted their residential properties into commercial ones without seeking official approval.<\/p>\n","protected":false},"author":18,"featured_media":25713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12557],"persona":[],"class_list":{"0":"post-54325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-fbr-to-take-action-against-commercial-use-of-residential-property"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR to take action against commercial use of residential property - Zameen News<\/title>\n<meta name=\"description\" content=\"Sargodha: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against individuals found using residential property for commercial\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-to-take-action-against-commercial-use-of-residential-property.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR to take action against commercial use of residential property - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Sargodha: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against individuals found using residential property for commercial\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-to-take-action-against-commercial-use-of-residential-property.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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