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PROPERTY TAX NEW VALUATION TABLE 2014

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TitlePROPERTY TAX NEW VALUATION TABLE 2014
Filed underTax information in Pakistan,
Published
Sourceppscpastpapers.blogspot.com — solved with explained answers
Excise & Taxation Department Punjab Introduced a new Valuation Table of Property Tax
in Punjab for assessment of tax


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Comments ()

Unknown · 08/01/2017, 05:21
A property tax (or millage tax) is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property. This is in contrast to a rent and mortgage tax, which is based on a percentage of the rent or mortgage value.
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