Archive - Mar 3, 2010

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ISLAMABAD: CDA plans 80% to 100% raise in property tax, water charges

By Fazal Sher

Cash strapped Capital Development Authority (CDA) has planned to increase property tax up to 80 percent and water charges up to 100 percent to meet its expenditures, Daily Times learnt on Tuesday.

The sources said the authority’s Revenue Directorate had sent a summary to CDA Board for review of property and water tax. The authority had reviewed water and property tax last time in year 2000, the sources said.