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HomeLatest NewsPrivate societies to be brought into tax net by launching surveys

Private societies to be brought into tax net by launching surveys

Rawalpindi: According to a news source, The Excise & Taxation department has launched a survey to bring private societies into the tax bracket. Tax notices will be issued based on the survey reports received by the Excise & Taxation Officers (ETO).

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According to the details revealed, the survey has been launched on the instructions of the newly-appointed Excise Director, who has instructed the relevant ETOs to take all the necessary actions for the addition of all private housing schemes in the tax bracket.

Read More: Cabinet renounces income taxes on bonds to attract foreign investors

Furthermore, the authorities have launched surveys within various zones of the excise department in Rawalpindi. Circle Officers are organizing these surveys and after they submit their reports to the ETOs, notices will be issued to all the old and newly constructed homes in these private housing projects.

For more updates, visit our website Property News.

 

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