Habib replied on Wednesday, June 19, 2019 05:31 AM
There is Property Tax is on Houses shops etc, This is Not to be Confused with Income tax, or Tax paid at the time of transfer of Property, There is no Tax on Files or Plots, However last Govt Announced a tax on Plots with Possession and No Home Construction started, It is similar to no Construction Penalty But I am not sure it is enforced or not, I have some Plots with possession but none of Housing Scheme Contacted me, However it is quite possible the this tax may be imposed once you start Construction, same is true with No Construction penalty by the Cooperative scheme |
