{"id":80015,"date":"2021-09-25T10:00:00","date_gmt":"2021-09-25T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80015"},"modified":"2021-09-24T16:27:41","modified_gmt":"2021-09-24T11:27:41","slug":"govt-reverse-increasing-property-tax","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-reverse-increasing-property-tax.html","title":{"rendered":"Govt decides to reverse increasing ratio of property tax"},"content":{"rendered":"\n<p>Lahore: The Punjab government on Thursday (September 23) decided to withdraw the proposed increase in property tax in the upcoming cabinet meeting, according to news sources.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/deadline-submit-property-tax-expires-today.html\" target=\"_blank\" rel=\"noreferrer noopener\">Deadline to submit property tax expires today<\/a><\/p>\n\n\n\n<p>Provincial Minister Mian Aslam Iqbal met with Lahore Chamber &amp; Commerce Industry (LCCI) President Mian Tariq Misbah and decided to reverse the increasing ratio of <a href=\"https:\/\/www.zameen.com\/news\/punjab-et-to-use-technology-to-identify-owners-evading-property-taxes.html\" target=\"_blank\" rel=\"noreferrer noopener\">property tax<\/a>. During the meeting, the provincial minister apprised the LCCI president regarding the business-friendly initiatives the government will adopt in the next few months.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/local-government-demand-4-billion-property-tax.html\" target=\"_blank\" rel=\"noreferrer noopener\">Local government demand PKR 4 billion in view of Property tax exemption<\/a><\/p>\n\n\n\n<p>Moreover, the government might introduce the bill in the Punjab Assembly session starting today (Friday) to amend the Finance Bill 2021. It was reported that three more amendment bills will be introduced related to Evacuee Property and Displaced Persons Laws, Punjab Wildlife Protection, and Punjab Board of Revenue. In addition, the Punjab Commission for Regularization of Irregular Housing Schemes Ordinance 2021 (amendment) will also be presented before the house.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab government on Thursday (September 23) decided to withdraw the proposed increase in property tax in the upcoming cabinet meeting, according to news sources.\u00a0 Read: Deadline to submit property tax expires today Provincial Minister Mian Aslam Iqbal met with Lahore Chamber &amp; Commerce Industry (LCCI) President Mian Tariq Misbah and decided to reverse the increasing ratio of property tax. During the meeting, the provincial minister apprised the LCCI president regarding the business-friendly initiatives the government will adopt in the next few months.\u00a0 Read: Local government demand PKR 4 billion in view of Property tax exemption Moreover, the government might introduce the bill in the Punjab Assembly session starting today (Friday) to amend the Finance Bill 2021. It was reported that three more amendment bills will be introduced related to Evacuee Property and Displaced Persons Laws, Punjab Wildlife Protection, and Punjab Board of Revenue. In addition, the Punjab Commission for Regularization of Irregular Housing Schemes Ordinance 2021 (amendment) will also be presented before the house.&nbsp;<\/p>\n","protected":false},"author":83,"featured_media":76191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[48454,48443,48453,48451,48450],"persona":[],"class_list":{"0":"post-80015","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-finance-bill-2021","9":"tag-govt-decides-to-reverse-increasing-ratio-of-property-tax","10":"tag-introduce-the-bill-in-the-punjab-assembly-session","11":"tag-lahore-chamber-commerce-industry-lcci","12":"tag-withdraw-the-proposed-increase-in-property-tax-in-the-upcoming-cabinet-meeting","13":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt decides to reverse increasing ratio of property tax - Zameen News<\/title>\n<meta name=\"description\" content=\"The Punjab government on Thursday (September 23) decided to withdraw the proposed increase in property tax in the upcoming cabinet meeting....\" \/>\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\/govt-reverse-increasing-property-tax.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt decides to reverse increasing ratio of property tax - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Punjab government on Thursday (September 23) decided to withdraw the proposed increase in property tax in the upcoming cabinet meeting....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-reverse-increasing-property-tax.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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