{"id":71944,"date":"2020-11-09T18:07:02","date_gmt":"2020-11-09T13:07:02","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=71944"},"modified":"2020-11-09T18:07:07","modified_gmt":"2020-11-09T13:07:07","slug":"icci-urges-mci-to-reverse-property-tax-hike-in-islamabad","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html","title":{"rendered":"Business Community urges MCI to reverse property tax hike in Islamabad"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: During a meeting at the Islamabad Chamber of Commerce and Industry (ICCI), the city\u2019s business community urged the Municipal Corporation Islamabad (MCI) to withdraw the 300% property tax hike recently imposed in the capital city, according to a news source published on November 7.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While chairing the said meeting, ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned authorities to reverse this decision in order to facilitate the business community.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/property-tax-exemption-on-5-marla-houses-unjustified.html\" target=\"_blank\" rel=\"noreferrer noopener\">Minister finds property tax exemption on 5-marla houses \u2018unjustified\u2019 <\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The president of the ICCI maintained that the business community wasn\u2019t averse to paying taxes, however, he argued that the tax rationalization should have been more gradual. He further revealed that the chamber had acquired a stay order from the Islamabad High Court against the aforementioned 300% property tax hike, and that the court had also directed the MCI to revert to the previous property tax rate until the court case was resolved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: During a meeting at the Islamabad Chamber of Commerce and Industry (ICCI), the city\u2019s business community urged the Municipal Corporation Islamabad (MCI) to withdraw the 300% property tax hike recently imposed in the capital city, according to a news source published on November 7. While chairing the said meeting, ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned authorities to reverse this decision in order to facilitate the business community. Read: Minister finds property tax exemption on 5-marla houses \u2018unjustified\u2019 The president of the ICCI maintained that the business community wasn\u2019t averse to paying taxes, however, he argued that the tax rationalization should have been more gradual. He further revealed that the chamber had acquired a stay order from the Islamabad High Court against the aforementioned 300% property tax hike, and that the court had also directed the MCI to revert to the previous property tax rate until the court case was resolved.<\/p>\n","protected":false},"author":18,"featured_media":62814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[42622,42624,42623],"persona":[],"class_list":["post-71944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-developments","tag-icci-demands-lowering-property-tax","tag-icci-urges-mci-to-reverse-property-tax-hike-in-islamabad","tag-islamabad-property-tax","cat-15016-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ICCI urges MCI to reverse property tax hike in Islamabad - Zameen News<\/title>\n<meta name=\"description\" content=\"ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned...\" \/>\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\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICCI urges MCI to reverse property tax hike in Islamabad - Zameen News\" \/>\n<meta property=\"og:description\" content=\"ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.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=\"2020-11-09T13:07:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-09T13:07:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.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=\"Samra Zulfiqar\" \/>\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=\"Samra Zulfiqar\" \/>\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":"ICCI urges MCI to reverse property tax hike in Islamabad - Zameen News","description":"ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned...","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\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html","og_locale":"en_US","og_type":"article","og_title":"ICCI urges MCI to reverse property tax hike in Islamabad - Zameen News","og_description":"ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned...","og_url":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.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":"2020-11-09T13:07:02+00:00","article_modified_time":"2020-11-09T13:07:07+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.png","type":"image\/png"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d"},"headline":"Business Community urges MCI to reverse property tax hike in Islamabad","datePublished":"2020-11-09T13:07:02+00:00","dateModified":"2020-11-09T13:07:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html"},"wordCount":183,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.png","keywords":["ICCI demands lowering property tax","ICCI urges MCI to reverse property tax hike in Islamabad","Islamabad property tax"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html","url":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html","name":"ICCI urges MCI to reverse property tax hike in Islamabad - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.png","datePublished":"2020-11-09T13:07:02+00:00","dateModified":"2020-11-09T13:07:07+00:00","description":"ICCI President Sardar Yasir Ilyas Khan stated that such a large, one time hike in tax had never been witnessed in the past and applied to the concerned...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ICCI.png","width":1170,"height":400,"caption":"ICCI"},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/icci-urges-mci-to-reverse-property-tax-hike-in-islamabad.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Business Community urges MCI to reverse property tax hike in Islamabad"}]},{"@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\/a3a8cc23079c627774ff19f42da24f1d","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/71944","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\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=71944"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/71944\/revisions"}],"predecessor-version":[{"id":71945,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/71944\/revisions\/71945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/62814"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=71944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=71944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=71944"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=71944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}