Property tax by SRB

Published October 6, 2015

PROPERTY income is already heavily burdened by different federal, provincial and local bodies’ departments such as income tax by the federal government, property tax by provincial goverments and water tax, conservancy tax, etc., by local bodies.

If it is a commercial property, then property tax is extremely high, and if it is rented out, then the property tax is further increased.

If the property belongs to a corporate organisation, a professional tax is also charged by the provincial government. The owner has to incur maintenance and pay for the collection of rent and sometimes legal expenses and court fee to collect the rent from the tenant. Under the present circumstances, levy of sales tax on rent is totally illegal and uncalled for as rental income is already taxed over many times.

As such sales tax by the Sindh Revenue Board is nothing but transferring of all the hard-earned money of citizens to an incompetent government.

Nawab Ahmed

Karachi

Published in Dawn, October 6th , 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...