Property Tax is levied and collection under Sindh Urban Immovable Property Tax Act, 1958.
A uniform rate of tax is levied on all categories of properties @ 25% of annual rental value (ARV).w.e.from
Brief of Property Tax:
framed there under. The Property Tax is levied under Section 3 of the above said Act, by estimating gross
annual rent, which is determined under Section 5 of the Act.
(b) To ascertain the Annual Value of property unit the Government of Sindh has rationalized and simplified
the system by notifying a valuation table for different localities under Section 5-A of the Sindh Urban
immovable Property Tax Act, 1958. For this purpose all the Cities (notified as rating areas) of the Province
of Sindh have been divided into five Groups and these groups are further bifurcated into four zones according
Property Tax Schedules of Different Cities:-
Dawn KARACHI: Sindh Excise and Taxation Department collected Rs6,831.992 million during first quarter (July-September) of this fiscal year, showing an increase of Rs589.663m from the corresponding period last year when ...
Friday, 25 October 2013READMORE
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