{"id":96666,"date":"2024-03-18T10:45:42","date_gmt":"2024-03-18T05:45:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96666"},"modified":"2024-03-18T10:45:44","modified_gmt":"2024-03-18T05:45:44","slug":"cda-announces-revised-taxes-ict","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-announces-revised-taxes-ict.html","title":{"rendered":"CDA raises property tax rates across ICT"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) has announced an increase in property tax rates, extending its coverage to encompass the entire Islamabad Capital Territory (ICT) to bolster revenue collection, according to a news source on March 16.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/danish-schools-system-get-10-acre-plot-isb.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA greenlights plot for Danish Schools in Federal Capital<\/a><\/p>\n\n\n\n<p>Under the revised system, employees of private organisations registered with the Employees&#8217; Old-Age Benefits Institution (EOBI), alongside government employees, will receive a 10% concession on their property tax. This concession will also be extended to those who pay their dues by September 30 each year.<\/p>\n\n\n\n<p>Certain entities such as government hospitals, educational institutions, libraries, and federal and provincial government offices will be exempt from property tax. However, semi-government institutions will not qualify for such exemptions.<\/p>\n\n\n\n<p>In various sectors including E-11, model towns, and PHA Kurri Housing scheme, the CDA will levy property tax ranging from PKR 24,000 to PKR 200,000 annually based on the size of the plot. Similarly, in areas like Park Enclave, property tax will range from PKR 25,000 to PKR 227,000 per year, depending on plot size. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-discloses-it-park-plans-isb.html\" target=\"_blank\" rel=\"noreferrer noopener\">Private investment powers Pak\u2019s largest IT Park in ISB, announces CDA<\/a><\/p>\n\n\n\n<p>Property tax will also apply to houses located in Defence Housing Authority (DHA), Bahria Enclave, and Bahria Town, with rates ranging from PKR 27,000 to PKR 298,000 annually based on house size. In other areas such as Gulberg, Naval Anchorage, D series, G series, F series, and I series, property tax rates will vary, with minimum and maximum tax amounts specified accordingly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) has announced an increase in property tax rates, extending its coverage to encompass the entire Islamabad Capital Territory (ICT) to bolster revenue collection, according to a news source on March 16. Read: CDA greenlights plot for Danish Schools in Federal Capital Under the revised system, employees of private organisations registered with the Employees&#8217; Old-Age Benefits Institution (EOBI), alongside government employees, will receive a 10% concession on their property tax. This concession will also be extended to those who pay their dues by September 30 each year. Certain entities such as government hospitals, educational institutions, libraries, and federal and provincial government offices will be exempt from property tax. However, semi-government institutions will not qualify for such exemptions. In various sectors including E-11, model towns, and PHA Kurri Housing scheme, the CDA will levy property tax ranging from PKR 24,000 to PKR 200,000 annually based on the size of the plot. Similarly, in areas like Park Enclave, property tax will range from PKR 25,000 to PKR 227,000 per year, depending on plot size. Read: Private investment powers Pak\u2019s largest IT Park in ISB, announces CDA Property tax will also apply to houses located in Defence Housing&hellip;<\/p>\n","protected":false},"author":88,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15017],"tags":[21514,54485,22087,3056],"persona":[],"class_list":{"0":"post-96666","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-capital-development-authority-cda","10":"tag-cda-news-and-updates","11":"tag-islamabad-capital-territory-ict","12":"tag-property-taxes","13":"cat-15015-id","14":"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>CDA Announces Revised Taxes for ICT - Zameen News<\/title>\n<meta name=\"description\" content=\"Stay informed on Islamabad&#039;s property tax update! CDA extends coverage across ICT, raising rates to boost revenue.\" \/>\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\/cda-announces-revised-taxes-ict.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA Announces Revised Taxes for ICT - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Stay informed on Islamabad&#039;s property tax update! CDA extends coverage across ICT, raising rates to boost revenue.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-announces-revised-taxes-ict.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=\"2024-03-18T05:45:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-18T05:45:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/CDA.jpg\" \/>\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\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\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=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CDA Announces Revised Taxes for ICT - Zameen News","description":"Stay informed on Islamabad's property tax update! 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