Scribd
Upload
75 views2 pages

Propertytax PDF

The document is a notification from the Capital Development Authority of Pakistan announcing a new tax rate. It will levy a tax equal to one-twelfth of the annual value of buildings and lands in specified areas, effective February 1, 2001. The annual value will be determined based on a formula using the plot area and covered building area multiplied by rates depending on the rating area and category. This new tax rate supersedes a previous notification from June 21, 1995 and will remain in effect until further notice.

Uploaded by

Aamir Razzaq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
75 views2 pages

Propertytax PDF

The document is a notification from the Capital Development Authority of Pakistan announcing a new tax rate. It will levy a tax equal to one-twelfth of the annual value of buildings and lands in specified areas, effective February 1, 2001. The annual value will be determined based on a formula using the plot area and covered building area multiplied by rates depending on the rating area and category. This new tax rate supersedes a previous notification from June 21, 1995 and will remain in effect until further notice.

Uploaded by

Aamir Razzaq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Registered No.

M-302

L-7646

The Gazette of Pakistan

EXTRAORDINARY
PUBLISHED BY AUTHORITY

ISLAMABAD, FRIDAY, JANUARY 12, 2001

PART II
Statutory Notifications (S.R.O)
Government of Pakistan
CAPITAL DEVELOPMENT AUTHORITY SECRETARIAT
(Secretariat)
NOTIFICATIONS
Islamabad, the 11th January, 2001

S.R.O.24 (1)/2001._ In exercise of power conferred by section 51-A of the Capital


Development Authority Ordinance, 1960 (XXXIII of 1960), read with section 33 and 34
of the Municipal Administration Ordinance, 1960 (X 10 of 1960) and the CDA
(Imposition of Taxes) Rules 1981, the Capital Development Authority, after previous
publication and with the sanction of the Federal Government as required under sub-
section (1) of Section 34 ibid, and in supersession of its notification No.CDA-30 (9)
Noti)-Coord/94/695, dated 21-06-1995 is pleased to levy tax at the rate of one-twelfth of
the annual value of buildings and lands located within the areas specified in the Cabinet
Division’s notification No.S.R.O-1 (1)/99, dated the 1st January, 1999 subject to the
conditions here in after specified.
2. The above levy of tax shall come into force with effect from 01-02-2001 and
shall remain operative till further orders.

(79)
Price: Rs.3.00
(3033 (2001)/ Ex- Gaz-]
360 THE GAZETTE OF PAKISTAN EXTRA. JAN, 12, 2001 [PART –II

3. The annual value of buildings and lands for the purpose of this --------- shall
be determined by an admixture of plot area and the covered area of the boikling there
on multiplied by the respective figures shown below against each category further
multiplying it by 12:

Plot Area Covered Area


Rating Areas and categories Per Sq.Yd. per Sft.
1 2 3
(A) Residential Rs. Rs.
1. E- Series 6.00 6.00
2. F-Series 4.50 5,25
3. G-Series

You might also like