{"id":74265,"date":"2021-02-18T17:40:03","date_gmt":"2021-02-18T12:40:03","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=74265"},"modified":"2021-02-18T17:40:09","modified_gmt":"2021-02-18T12:40:09","slug":"taxes-on-commercial-units-along-highways-in-rawalpindi","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/taxes-on-commercial-units-along-highways-in-rawalpindi.html","title":{"rendered":"Excise dept to impose taxes on commercial units along highways in Rawalpindi"},"content":{"rendered":"\n<p>Rawalpindi: The Excise, Taxation and Narcotics Control Department has announced its decision to impose a new tax on commercial units situated along highways in 24 localities of Rawalpindi District from July 1 onwards \u2013 subject to the Punjab government\u2019s approval, according to a news reports published on February 17.<\/p>\n\n\n\n<p><strong>Read:<\/strong>  <a href=\"https:\/\/www.zameen.com\/news\/piciip-begins-preparing-tors-25-year-master-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">PICIIP begins preparing TORs for 25-year Rawalpindi master plan<\/a><\/p>\n\n\n\n<p>The department had previously given a 30-day period to the owners of commercial units and land to submit their written objections \u2013 which were to be referred to the provincial government for consideration.<\/p>\n\n\n\n<p>A senior department official revealed that the government has decided to bring commercial units around provincial\/national highways and motorways within the property tax net under the Punjab Finance Act, 2019. He also revealed that a survey has been initiated to identify such properties and tax will be collected from commercial units at the going rate of the district collector.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rawalpindi-excise-dept-launches-survey-bring-private-societies-tax-net.html\" target=\"_blank\" rel=\"noreferrer noopener\">Rawalpindi excise dept launches survey to bring private societies into tax net<\/a><\/p>\n\n\n\n<p>Reportedly, the department aims to <a href=\"https:\/\/www.zameen.com\/news\/excise-offices-begin-collecting-property-taxes-rawalpindi.html\" target=\"_blank\" rel=\"noreferrer noopener\">collect tax<\/a> form hotels, shopping mall, factories and other commercial units. These real estate developments are not part of the tax bracket due to their locations which do not fall under the city administrations\u2019 jurisdiction. Excise and Taxation District Officer Sameer Ahmed told sources these taxes will be imposed in the new fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Excise, Taxation and Narcotics Control Department has announced its decision to impose a new tax on commercial units situated along highways in 24 localities of Rawalpindi District from July 1 onwards \u2013 subject to the Punjab government\u2019s approval, according to a news reports published on February 17. Read: PICIIP begins preparing TORs for 25-year Rawalpindi master plan The department had previously given a 30-day period to the owners of commercial units and land to submit their written objections \u2013 which were to be referred to the provincial government for consideration. A senior department official revealed that the government has decided to bring commercial units around provincial\/national highways and motorways within the property tax net under the Punjab Finance Act, 2019. He also revealed that a survey has been initiated to identify such properties and tax will be collected from commercial units at the going rate of the district collector. Read: Rawalpindi excise dept launches survey to bring private societies into tax net Reportedly, the department aims to collect tax form hotels, shopping mall, factories and other commercial units. These real estate developments are not part of the tax bracket due to their locations which do not fall under&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45274],"persona":[],"class_list":{"0":"post-74265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-excise-dept-to-impose-taxes-on-commercial-units","10":"cat-15016-id","11":"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>Excise dept to impose taxes on commercial units - Zameen News<\/title>\n<meta name=\"description\" content=\"Reportedly, the department aims to collect tax form hotels, shopping mall, factories and other commercial units alongside highways\" \/>\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\/taxes-on-commercial-units-along-highways-in-rawalpindi.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Excise dept to impose taxes on commercial units - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Reportedly, the department aims to collect tax form hotels, shopping mall, factories and other commercial units alongside highways\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/taxes-on-commercial-units-along-highways-in-rawalpindi.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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