ISLAMABAD: The Capital Development Authority (CDA) did not recover Rs640 million in outstanding property taxes, according to the audit report published for the 2018-19 fiscal year.
While reviewing CDA’s revenue department accounts, the report revealed that Rs380.4 million in property taxes on residential buildings and Rs260.1 million on commercial buildings were outstanding up to June 2018.
The report attributed weak follow-ups towards the recovery of outstanding taxes. It further advised taking effective steps by the top management level, which should devise a comprehensive system of follow up of defaulter cases through additional deputy commissioner revenue.
The Authority informed that the default amount of Rs166 million has been recovered when
The report has also highlighted the authority’s negligence towards the recovery of Rs455.7 million in rental charges.
For news and blogs, visit Graana.com.
Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…