No Result
View All Result
Monday, May 12, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Amber Heard

    Amber Heard announces birth of twins, celebrates Mother’s Day milestone

    Mishi Khan

    Mishi Khan slams Kangana Ranaut for anti-Pakistan remarks

    Corporal Blake's death in 1917 is a terribly memorable moment in this fantastic World War I movie.

    10 movies that remind us the brutal reality of war

    (Representational Image)

    ‘Mother Day’ Sales: Here is where to shop

    (Credit: Instagram/kopykatsproduction)

    Anwar Maqsood’s stage play ‘House Arrest’ resumes in Islamabad after NOC reinstated

    Rabya Kulsoom

    Rabya Kulsoom joins list of Pakistani artists banned in India

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Amber Heard

    Amber Heard announces birth of twins, celebrates Mother’s Day milestone

    Mishi Khan

    Mishi Khan slams Kangana Ranaut for anti-Pakistan remarks

    Corporal Blake's death in 1917 is a terribly memorable moment in this fantastic World War I movie.

    10 movies that remind us the brutal reality of war

    (Representational Image)

    ‘Mother Day’ Sales: Here is where to shop

    (Credit: Instagram/kopykatsproduction)

    Anwar Maqsood’s stage play ‘House Arrest’ resumes in Islamabad after NOC reinstated

    Rabya Kulsoom

    Rabya Kulsoom joins list of Pakistani artists banned in India

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

Property tax in Islamabad rises by more than 200 percent

Salima Bhutto by Salima Bhutto
October 31, 2019
ISLAMABAD: Homeowners in Islamabad have seen an astonishing 200 percent increase in property tax with a very little time to pay the dues.

The Metropolitan Corporation Islamabad (MCI) authorized the change in the property tax last December, making it effective from July 1, but the tussle between MCI and the Capital Development Authority (CDA) over who would manage the revenue directorate responsible for collecting tax meant that the distribution of property tax challans was delayed.

Bills that were supposed to reach the property owners in the first week of August were delivered last week, with the deadline set Sept 30.

A resident of F-6 said: “This is ridiculous and nonsense. There is no justification for a hike of more than 200pc whatever the reason. There should be a 10 to 20pc increase.”

“It seems the inner tussle between the CDA and the MCI to grab the civic powers of the capital territory resulted in the delay in the distribution of property tax bills. Bills that would otherwise have reached their destinations in August were distributed on Sept 21-22, leaving residents shocked at the raise on one hand and fearful of the deadline on the other,” a CDA official said.

Homeowners talked to a private news channel and demanded the Government bodies to revise the increased rate.

“This is totally unjust. We do not know who has the powers to decide the tax increase, but it is nothing less than a bombshell for residents who have to pay 200 times what they paid in property tax last year.

“I am surprised at the criteria being followed by the MCI. Such a significant increase in one go has left our budgets reeling. We are the salaried class, and have to maintain our monthly budgets accordingly. Now we have to look to our savings to pay the bills,” a G-10 resident said.

 

Tags: CDAIslamabadpakistanproperty tax
ShareTweetSendShare
Previous Post

‘How PM plans to lead IoK cause if he can’t even lead his nation’

Next Post

PM discusses IoK issue with Turkish President

Related Stories

Image: APP
Business & Stock

PSX rallies as KSE-100 gains over 10,000 points

May 12, 2025
file photo
Business & Stock

Shares of Chinese JF-17 manufacturer Chengdu Aircraft skyrocket

May 12, 2025
India Pakistan
Business & Stock

Closure of Pakistani airspace causes 1,300 crore loss to India

May 12, 2025
file photo
Business & Stock

Pakistani Rupee appreciates by 28 paisa against dollar

May 12, 2025
representative image
Business & Stock

Gold price dips in international market amid low demand

May 12, 2025
Image: APP
Business & Stock

PSX witnesses strong bullish trend following Pak-India ceasefire

May 12, 2025
Representative image
Business & Stock

Forex rates in Pakistan today- May 12, 2025

May 12, 2025
representative image
Business & Stock

Gold prices in Pakistan today- May 12, 2025

May 12, 2025
Business & Stock

Govt likely to slash duties on imported cars in budget FY26

May 9, 2025
File photo
Business & Stock

IMF approves $1 billion disbursement to Pakistan under EFF Programme

May 9, 2025
Next Post
PM discusses IoK issue with Turkish President

PM discusses IoK issue with Turkish President

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

(File)
Prices

Gold price drops Rs10,400 per tola

by MM News Staff
May 12, 2025
According to news agency PTI, a group of 10 to 15 individuals gathered outside the Shamshabad outlet of the bakery, chanting anti-Pakistan slogans. (X/@MNageswarRaoIPS)
World

BJP workers attack Karachi Bakery in India’s Hyderabad, demand name change

by MM News Staff
May 12, 2025
This representational image shows Committee chowk underpass, Murree Road, Rawalpindi. (Credit: Wikimedia Commons)
Transport

Rawalpindi set for new underpasses, flyover under Punjab’s infrastructure plan

by MM News Staff
May 12, 2025
Abu Akleh, a Palestinian-American journalist known for her coverage of the Arab-Israeli conflict, was shot dead in Jenin in the north of the occupied West Bank while she worked, wearing a bulletproof vest marked “press.” (File Photo)
World

New documentary reveals the killer of journalist Shireen Abu Akleh

by AFP
May 12, 2025
PM Keir Starmer  (Image: UK PARLIAMENT/AFP via Getty Imag)
World

UK tightens immigration rules, ends automatic citizenship after 5 years

by MM News Staff
May 12, 2025

Opinion

Zia
Israel stands firmly behind India in hostilities against Pakistan
May 9, 2025
- Zia Chitrali
Munir Ahmed OPED
Britain’s Interference in China and Domestic Challenges
April 29, 2025
- Munir Ahmed
nadeem moulvi
Revamping Pakistan's Outdated Education System
April 10, 2025
- MM News Staff
No posts found
See all

Weather Updates

Thunderstorms and rain
Top News

Countrywide thunderstorms and rain expected until May 12

by MM News Staff
May 8, 2025

The Meteorological Department has forecast thunderstorms and rain across the country from today until...

Rains

Will Karachi receive rain tonight?

May 6, 2025
file Image by PMD

Weather updates for Karachi, other parts of the country

May 6, 2025
Rain and Thunderstorms

Rain and thunderstorms expected across Pakistan starting today

May 5, 2025
See all

Prices

(File)
Prices

Gold price drops Rs10,400 per tola

by MM News Staff
May 12, 2025

Gold prices in Pakistan continued their downward trend on Monday, mirroring declines in the...

representative image

Gold prices in Pakistan today- May 12, 2025

May 12, 2025
file photo

Sacrificial animal prices double this year due to cattle shortage

May 11, 2025

Govt likely to slash duties on imported cars in budget FY26

May 9, 2025
See all

Transport News

This representational image shows Committee chowk underpass, Murree Road, Rawalpindi. (Credit: Wikimedia Commons)
Transport

Rawalpindi set for new underpasses, flyover under Punjab’s infrastructure plan

by MM News Staff
May 12, 2025

The city of Rawalpindi is poised to receive two new underpasses—at Chandni Chowk and...

(Image; ABL)

How to buy pink scooty on easy installment plans

May 11, 2025
file photo

Over 150 flights cancelled in different cities despite airspace reopening

May 11, 2025
image: Online

Pakistan reopens airspace to all domestic and international airlines

May 9, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.