Punjab govt to take monthly house tax from 16 tehsils.
The Punjab government implemented a monthly housing tax of Rs. 695 per household across 16 tehsils.
The pressing needs of the area in terms of waste management, sanitation, and water supply will be fulfilled with this price.
Khushab, Mianwali, Bhakkar, Sargodha, Chakwal, Pakpattan, Chiniot, Jhang, Rajanpur, Rahim Yar Khan, DG Khan, Lodhran, Bahawalpur, Muzaffargarh, and Multan are just a few of the over 2000 Punjabi villages that are impacted by this tax.
Also read: How many taxes are Pakistanis currently paying in electricity bill?
As Punjab govt to take monthly house tax from 16 tehsils, municipal businesses now have power over water supply and garbage disposal, according to the interim administration.
Since the goal of this collaboration is to offer citizens efficient and dependable services, the success of these efforts heavily depends on the tax revenue received.
A tax is a mandatory financial charge or other sort of levy placed on a taxpayer (an individual or legal entity) by a governmental organisation in order to regulate and control harmful externalities, support public expenditures, or both.
In order to ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, tax compliance refers to both policy actions and individual behaviours.
Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt. Taxes can be paid in cash or in the labour equivalent and can be either direct or indirect.
