{"id":61788,"date":"2020-02-21T17:30:45","date_gmt":"2020-02-21T12:30:45","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61788"},"modified":"2020-02-21T17:30:46","modified_gmt":"2020-02-21T12:30:46","slug":"rcb-to-raise-water-charges-property-transfer-tax","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rcb-to-raise-water-charges-property-transfer-tax.html","title":{"rendered":"RCB to raise water charges, property transfer tax"},"content":{"rendered":"\n<p>Rawalpindi: The Rawalpindi Cantonment Board (RCB) recently announced its plan to increase the water charges and Transfer of Immoveable Property (TIP) taxes in the city by 100% and 30% respectively \u2014 starting from April 1, according to new news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rcb-notifies-developers-illegal-projects-peshawar-road-other-areas.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"R (opens in a new tab)\">R<\/a><a href=\"https:\/\/www.zameen.com\/news\/rcb-notifies-developers-illegal-projects-peshawar-road-other-areas.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"CB notifies developers of illegal projects on Peshawar Road, other areas (opens in a new tab)\">CB notifies developers of illegal projects on Peshawar Road, other areas<\/a><\/p>\n\n\n\n<p>The board has also decided to confiscate the assets of commercial property tax defaulters (including cars and other moveable assets). The <a href=\"https:\/\/www.zameen.com\/news\/rcb-severs-illegal-water-connections.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"RCB (opens in a new tab)\">RCB<\/a> administration has formulated a proposal in this regard and they expect the board to provide its approval for the venture in the next meeting.<\/p>\n\n\n\n<p>The revised water charges per month for five marla properties will be PKR 450 (from PKR 225), while the price of a water tanker will be increased to PKR 1,500 (from PKR 1,000). On the other hand, a 30% increase has been proposed in the TIP tax, which is a significant rise in the current 3% value. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rda-rcb-other-agencies-finalise-plan-to-make-rawalpindi-a-model-city.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"RDA, RCB, other agencies finalise plan to make Rawalpindi a model city (opens in a new tab)\">RDA, RCB, other agencies finalise plan to make Rawalpindi a model city<\/a><\/p>\n\n\n\n<p>An RCB official stated that the board had identified many illegal housing schemes in the vicinity of Misrial Road and Burf Khana Chowk. In these locations, many people had registered their properties with the land revenue department; however, they failed to regularise their properties in the cantonment areas.<\/p>\n\n\n\n<p>RCB spokesman Qaiser Mehmood said that under the Cantonment Act 1924, section 93 and 95, the civic body had the authority to confiscate moveable property of tax defaulters and that this law would be applied stringently in the coming days. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Rawalpindi Cantonment Board (RCB) recently announced its plan to increase the water charges and Transfer of Immoveable Property (TIP) taxes in the city by 100% and 30% respectively \u2014 starting from April 1, according to new news sources. Read: RCB notifies developers of illegal projects on Peshawar Road, other areas The board has also decided to confiscate the assets of commercial property tax defaulters (including cars and other moveable assets). The RCB administration has formulated a proposal in this regard and they expect the board to provide its approval for the venture in the next meeting. The revised water charges per month for five marla properties will be PKR 450 (from PKR 225), while the price of a water tanker will be increased to PKR 1,500 (from PKR 1,000). On the other hand, a 30% increase has been proposed in the TIP tax, which is a significant rise in the current 3% value. Read: RDA, RCB, other agencies finalise plan to make Rawalpindi a model city An RCB official stated that the board had identified many illegal housing schemes in the vicinity of Misrial Road and Burf Khana Chowk. In these locations, many people had registered their properties&hellip;<\/p>\n","protected":false},"author":75,"featured_media":61793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[20503,5618,20502],"persona":[],"class_list":{"0":"post-61788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-property-transfer-tax","9":"tag-rcb","10":"tag-rcb-to-raise-water-charges","11":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RCB to raise water charges, property transfer tax - Zameen News<\/title>\n<meta name=\"description\" content=\"Rawalpindi: The Rawalpindi Cantonment Board (RCB) recently announced its plan to increase the water charges and Transfer of Immoveable Property (TIP)\" \/>\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\/rcb-to-raise-water-charges-property-transfer-tax.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCB to raise water charges, property transfer tax - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Rawalpindi: The Rawalpindi Cantonment Board (RCB) recently announced its plan to increase the water charges and Transfer of Immoveable Property (TIP)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/rcb-to-raise-water-charges-property-transfer-tax.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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