{"id":98970,"date":"2024-09-04T11:18:06","date_gmt":"2024-09-04T06:18:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=98970"},"modified":"2024-09-04T14:43:59","modified_gmt":"2024-09-04T09:43:59","slug":"property-tax-5-marla-under-discussions","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/property-tax-5-marla-under-discussions.html","title":{"rendered":"Punjab set to impose new property tax on 5 marla,  larger houses"},"content":{"rendered":"\n<p>Lahore: The Punjab government is considering the introduction of a new property tax targeting 5 marla and bigger houses, as claimed in an article on September 3.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/punjab-government-launches-another-project.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab Govt rolls out CM Model Cart Project in LHR<\/a><\/p>\n\n\n\n<p>According to the reports, the Punjab Excise and Taxation Department has been directed to compile a detailed list of all residential properties in the province by October 2024. The proposed tax will apply to homes measuring 5 marlas or larger, with the tax amount based on the property&#8217;s assessed value. Properties valued above PKR 50 lacs will be subject to this tax. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/punjab-reforms-agenda-to-boost-revenue-efficiency.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab unveils tax reforms agenda to boost revenue<\/a><\/p>\n\n\n\n<p>Recently, a garbage tax was introduced across the province, impacting both residential and commercial properties. In rural areas, the tax ranges from PKR 20 to PKR 1,000, depending on the size of the property. In urban areas, the tax varies from PKR 300 for a 5-marla house to PKR 5,000 for homes larger than 1 kanal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab government is considering the introduction of a new property tax targeting 5 marla and bigger houses, as claimed in an article on September 3. Read: Punjab Govt rolls out CM Model Cart Project in LHR According to the reports, the Punjab Excise and Taxation Department has been directed to compile a detailed list of all residential properties in the province by October 2024. The proposed tax will apply to homes measuring 5 marlas or larger, with the tax amount based on the property&#8217;s assessed value. Properties valued above PKR 50 lacs will be subject to this tax. Read: Punjab unveils tax reforms agenda to boost revenue Recently, a garbage tax was introduced across the province, impacting both residential and commercial properties. In rural areas, the tax ranges from PKR 20 to PKR 1,000, depending on the size of the property. In urban areas, the tax varies from PKR 300 for a 5-marla house to PKR 5,000 for homes larger than 1 kanal.<\/p>\n","protected":false},"author":88,"featured_media":60311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[1157,59267,59266],"persona":[],"class_list":{"0":"post-98970","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-government-of-punjab","9":"tag-petd-news-and-updates","10":"tag-punjab-excise-and-tax-department-petd-news-and-updates","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Tax for 5+ Marla Under Discussions- Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Punjab government is considering the introduction of a new property tax targeting residential properties larger than 5 marlas.\" \/>\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\/property-tax-5-marla-under-discussions.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property Tax for 5+ Marla Under Discussions- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Punjab government is considering the introduction of a new property tax targeting residential properties larger than 5 marlas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/property-tax-5-marla-under-discussions.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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