{"id":75947,"date":"2021-05-05T12:27:11","date_gmt":"2021-05-05T07:27:11","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=75947"},"modified":"2021-05-05T12:27:16","modified_gmt":"2021-05-05T07:27:16","slug":"plan-formed-to-tax-5-marla-houses-in-punjab","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/plan-formed-to-tax-5-marla-houses-in-punjab.html","title":{"rendered":"Plan formed to tax 5-marla houses (all categories) in Punjab"},"content":{"rendered":"\n<p>Lahore: The Punjab Excise and Taxation (E&amp;T) Department has announced its plan to tax 5-marla houses belonging to all categories \u2013 instead of the existing practice of taxing only A-category 5-marla houses, according to news sources.<\/p>\n\n\n\n<p><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>Reportedly, the provincial E&amp;T Department has formulated suggestions to <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/govt-impose-luxury-tax-farmhouses-large-homes.html\" target=\"_blank\">tax<\/a> these houses as per the rental value. The said proposal has been forwarded to the provincial government for approval and implementation in the next fiscal year. The department has revealed that it has the possession of rates table for all areas of the province.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/tax-impoisition-on-properties-located-along-highways.html\" target=\"_blank\" rel=\"noreferrer noopener\">Excise orders property tax collection from owners of houses, shops located along highways<\/a><\/p>\n\n\n\n<p>The house owners generating an annual income of PKR 225,000 will be liable to pay 5% of the amount as property tax, as per the suggested plan. The final decision in this regard will be subjected to the government\u2019s approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab Excise and Taxation (E&amp;T) Department has announced its plan to tax 5-marla houses belonging to all categories \u2013 instead of the existing practice of taxing only A-category 5-marla houses, according to news sources. Read: Minister finds property tax exemption on 5-marla houses \u2018unjustified\u2019 Reportedly, the provincial E&amp;T Department has formulated suggestions to tax these houses as per the rental value. The said proposal has been forwarded to the provincial government for approval and implementation in the next fiscal year. The department has revealed that it has the possession of rates table for all areas of the province. Read: Excise orders property tax collection from owners of houses, shops located along highways The house owners generating an annual income of PKR 225,000 will be liable to pay 5% of the amount as property tax, as per the suggested plan. The final decision in this regard will be subjected to the government\u2019s approval.<\/p>\n","protected":false},"author":75,"featured_media":61791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45878],"persona":[],"class_list":{"0":"post-75947","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-plan-formed-to-tax-5-marla-houses-all-categories-in-punja","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>Plan formed to tax 5-marla houses in Punjab - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Punjab Excise and Taxation (E&amp;T) Department has announced its plan to tax 5-marla houses belonging to all categories \u2013 instead of the\" \/>\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\/plan-formed-to-tax-5-marla-houses-in-punjab.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plan formed to tax 5-marla houses in Punjab - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Punjab Excise and Taxation (E&amp;T) Department has announced its plan to tax 5-marla houses belonging to all categories \u2013 instead of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/plan-formed-to-tax-5-marla-houses-in-punjab.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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