AGL 40.05 Decreased By ▼ -0.11 (-0.27%)
AIRLINK 129.74 Decreased By ▼ -1.99 (-1.51%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.62 Increased By ▲ 0.15 (3.36%)
DCL 8.85 Increased By ▲ 0.03 (0.34%)
DFML 41.91 Increased By ▲ 1.30 (3.2%)
DGKC 83.97 Decreased By ▼ -0.11 (-0.13%)
FCCL 32.70 Increased By ▲ 0.36 (1.11%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.50 Increased By ▲ 0.15 (1.32%)
HUBC 110.50 Decreased By ▼ -1.26 (-1.13%)
HUMNL 14.65 Increased By ▲ 0.34 (2.38%)
KEL 5.40 Increased By ▲ 0.18 (3.45%)
KOSM 8.41 Decreased By ▼ -0.57 (-6.35%)
MLCF 39.89 Increased By ▲ 0.46 (1.17%)
NBP 60.45 Increased By ▲ 0.16 (0.27%)
OGDC 198.45 Increased By ▲ 3.51 (1.8%)
PAEL 26.63 Decreased By ▼ -0.06 (-0.22%)
PIBTL 7.71 Increased By ▲ 0.23 (3.07%)
PPL 158.00 Increased By ▲ 2.23 (1.43%)
PRL 26.69 Increased By ▲ 0.01 (0.04%)
PTC 18.40 Increased By ▲ 0.10 (0.55%)
SEARL 82.19 Decreased By ▼ -0.83 (-1%)
TELE 8.34 Increased By ▲ 0.11 (1.34%)
TOMCL 34.45 Decreased By ▼ -0.10 (-0.29%)
TPLP 9.14 Increased By ▲ 0.33 (3.75%)
TREET 17.32 Increased By ▲ 0.62 (3.71%)
TRG 61.30 Decreased By ▼ -1.15 (-1.84%)
UNITY 27.35 Decreased By ▼ -0.09 (-0.33%)
WTL 1.37 Increased By ▲ 0.09 (7.03%)
BR100 10,400 Increased By 213 (2.09%)
BR30 31,653 Increased By 316.8 (1.01%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

KARACHI: KATI President Faraz-ur-Rehman has highlighted issues being faced by KATI members regarding property tax payments, professional tax payments and motor vehicle tax, etc.

In a meeting with Secretary Excise, Taxation & Narcotics Control Department, Government of Sindh Atif Rehman and Director General Aurangzeb Akbar Panhwar, he appreciated online availability of property tax challans and stressed the need to remove technical issues in the online system.

Further, he stressed on the need for removal of human interaction to make tax collection transparent.

Addressing the members of the association, Secretary Excise, Taxation & Narcotics Control Department Atif Rehman said that last year, property tax was transferred to the local government, and the department and staff will guide and train them till 2024.

The Excise and Taxation Department is only a collecting agency, which transfers all revenue to the Sindh government’s account.

Sindh Excise and Taxation Department would set up a help desk at Korangi Association of Trade and Industry (KATI) to facilitate member’s industries initially in the matters of property and professional taxes, and later motor vehicle taxes will also be addressed.

Responding to a query about calculation of property tax, Rehman said that the property tax calculator is available online on the website.

However, he agreed the suggestion that human interaction in this matter should avoided, as much as possible would yield better results.

He also agreed to conduct an awareness session for apprising the members to calculate the property tax so that members can easily calculation it without any difficulty.

On the matter of infrastructure cess, he mentioned that approximately Rs30 billion have been collected in the first quarter alone (July-September 2023) in the account of Sindh Infrastructure Development Cess.

At this, KATI president Faraz-ur-Rehman emphasised the need to spend some money on the improvement of infrastructure in the Korangi Industrial Area.

Deputy Patron-in-Chief KATI Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohamedi, Former Chairman/President Masood Naqi, Johar Qandhari, Ehtesham Uddin, Zahid Saeed, Ghazanfar Ali Khan, Talha Ali and others were also present.

Copyright Business Recorder, 2023

Comments

Comments are closed.