{"id":70439,"date":"2020-09-14T12:38:40","date_gmt":"2020-09-14T07:38:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=70439"},"modified":"2020-09-14T16:59:27","modified_gmt":"2020-09-14T11:59:27","slug":"rcb-property-tax-assessment-ratio-for-fy-2020-21","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html","title":{"rendered":"RCB notifies 50% lower property tax assessment ratio for FY2020-21"},"content":{"rendered":"\n<p>Rawalpindi: The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively; instead of the regular 30% and 20% deduction-rate notified every 3 years \u2013 according to a news source published on September 13.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rcb-completes-survey-identify-illegally-constructed-buildings.html\" target=\"_blank\" rel=\"noreferrer noopener\">RCB completes survey to identify illegally constructed buildings<\/a><\/p>\n\n\n\n<p>RCB Spokesperson Qaiser Mehmood said that as per the law, property taxes are increased every three years \u2013 30% for commercial property and 20% for residential property. However, he stated that the reduced rate, by which the taxes are being revised this year, reveals the board\u2019s intention to offer and provide relief to the general public in the aftermath of the anti-COVID-19 lockdown.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pkr-800-mn-spent-improving-road-water-supply-infrastructure.html\" target=\"_blank\" rel=\"noreferrer noopener\">RCB Budget 2020-21: PKR 800 mn to be spent on improving road, water supply infrastructure<\/a><\/p>\n\n\n\n<p>Moreover, he said that the board has not yet increased any utility charges and no new taxes have been levied in the said budget. Major chunk of the budget (PKR 4.474 billion) has been reserved for non-development expenditure. However, PKR 400 million has been earmarked for development expenses. For the final approval, this budget will be sent to Military Lands and Cantonment Region Director (Rawalpindi) Fahim Zafar Khan.<\/p>\n\n\n\n<p>Additionally, the spokesperson revealed that the board will initiate new projects to use the land for <a href=\"https:\/\/www.zameen.com\/news\/rcb-sends-notices-650-commercial-plazas-regularisation.html\" target=\"_blank\" rel=\"noreferrer noopener\">commercial development<\/a>, and for streets, roads, and water supply lines in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively; instead of the regular 30% and 20% deduction-rate notified every 3 years \u2013 according to a news source published on September 13. Read: RCB completes survey to identify illegally constructed buildings RCB Spokesperson Qaiser Mehmood said that as per the law, property taxes are increased every three years \u2013 30% for commercial property and 20% for residential property. However, he stated that the reduced rate, by which the taxes are being revised this year, reveals the board\u2019s intention to offer and provide relief to the general public in the aftermath of the anti-COVID-19 lockdown. Read: RCB Budget 2020-21: PKR 800 mn to be spent on improving road, water supply infrastructure Moreover, he said that the board has not yet increased any utility charges and no new taxes have been levied in the said budget. Major chunk of the budget (PKR 4.474 billion) has been reserved for non-development expenditure. However, PKR 400 million has been earmarked for development expenses. For the final approval, this budget will be sent to Military Lands and Cantonment Region Director (Rawalpindi) Fahim Zafar Khan. Additionally, the&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":[15015,15017],"tags":[18974,39374],"persona":[],"class_list":{"0":"post-70439","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-notices-announcements","9":"tag-rawalpindi-cantonment-board-rcb","10":"tag-rcb-increases-commercial-residential-property-tax-for-fy-2020-21","11":"cat-15015-id","12":"cat-15017-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 hikes commercial, residential property tax FY 2020-21- Zameen News<\/title>\n<meta name=\"description\" content=\"The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively\" \/>\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-property-tax-assessment-ratio-for-fy-2020-21.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCB hikes commercial, residential property tax FY 2020-21- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-14T07:38:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-14T11:59:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RCB hikes commercial, residential property tax FY 2020-21- Zameen News","description":"The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html","og_locale":"en_US","og_type":"article","og_title":"RCB hikes commercial, residential property tax FY 2020-21- Zameen News","og_description":"The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively","og_url":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-09-14T07:38:40+00:00","article_modified_time":"2020-09-14T11:59:27+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png","type":"image\/png"}],"author":"Hazafa Hasan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Hazafa Hasan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html"},"author":{"name":"Hazafa Hasan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b"},"headline":"RCB notifies 50% lower property tax assessment ratio for FY2020-21","datePublished":"2020-09-14T07:38:40+00:00","dateModified":"2020-09-14T11:59:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html"},"wordCount":225,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png","keywords":["Rawalpindi Cantonment Board (RCB)","RCB increases commercial residential property tax for FY 2020-21"],"articleSection":["Legal &amp; Taxation","Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html","url":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html","name":"RCB hikes commercial, residential property tax FY 2020-21- Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png","datePublished":"2020-09-14T07:38:40+00:00","dateModified":"2020-09-14T11:59:27+00:00","description":"The Rawalpindi Cantonment Board (RCB) has increased its levied commercial and residential property taxes by 15% and 10%, respectively","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/RCB.png","width":1170,"height":400,"caption":"Rawalpindi Cantonment Board (RCB)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/rcb-property-tax-assessment-ratio-for-fy-2020-21.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"RCB notifies 50% lower property tax assessment ratio for FY2020-21"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b","name":"Hazafa Hasan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","caption":"Hazafa Hasan"},"description":"Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.","url":"https:\/\/www.zameen.com\/news\/author\/hazafa"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/70439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=70439"}],"version-history":[{"count":3,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/70439\/revisions"}],"predecessor-version":[{"id":70464,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/70439\/revisions\/70464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/61793"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=70439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=70439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=70439"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=70439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}