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Lahore Real Estate Forum: Property News & Community Talk : ,

(105777)
Saturday, September 10, 2016 04:49 PM 

Any comments from experts including CMY
Punjab Govt is aggressive ...

Jameel Mughal® replied on Saturday, September 10, 2016 06:31 PM 

The Task is Not Going to be that easy for excise. To Houses they can throw Challan Forms and then Owner goes to office and bargain with them, Plots they cant find Owners especially outside Housing societies areas, some of the owners have died 100 years ago and still family did not do inheritance division.
From Regulated residential societies they can get record of Owners and Postal address and issue Challans,
One can wait one or two years Max you will have to pay together with some 20% Fine, But whole issue is so sketchy that it may roll back.
I will wait some time till some notice arrives, any way in regulated housing areas wrong ownership entry cant be issued.
However I will eqest the valued forum members to keep updating

AHMAD HASSAN® replied on Saturday, September 10, 2016 11:23 PM 

Yes, this is not easy but without excise & tax NOC, one will be able to sell posassion plot after few months. That means one has to clear dues before selling plot.

Jameel Mughal® replied on Sunday, September 11, 2016 05:54 AM 

And those who have not to sell?? I guess then they should make this Formality before selling only, why they are bothering long term holders or inherited Land.
This year too many immature decisions are done by Dar that we should wait how things unfold in couple of years.

HussainD® replied on Sunday, September 11, 2016 07:27 AM 

Nothing else than a new avenue for corruption. I recently did a transfer in LDA Av-1 and was asked to bring NOC before receiving the transfer letter. Excise people are receiving anything between 3K and 12K for a small piece of paper called clearance certificate. I had to pay 5K. They are jumping in excitement as it has opened a big avenue for "extra income" for them. So far, no record checking, no verification, just negotiate the amount and you get the paper in 5 minutes. I am not sure it it ill bring any extra revenues to the govt but it will definitely bring a lot of revenues to people working n excise dept. Just sharing my experience.

FAA.awan® replied on Sunday, September 11, 2016 07:53 AM 

Do n't worry New Tax rules have been challenged in Lahore High Court .A positive step.

Ahmad786® replied on Monday, September 12, 2016 04:22 AM 

Property tax on empty plots is crime and I call it Bhatta. No league voters are happy to give such Bhatta. It's non sense to pay if I don't have money to make a home on my plot
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