Punjab Revenue Authority decides to bring unregistered housing societies in tax net

PRA

LAHORE: The Punjab Revenue Authority (PRA) has sought a record of unregistered housing schemes in the provincial capital Lahore from the LDA and a letter has been sent to the LDA in this regard. It said that records of unregistered housing societies formed in Lahore during the last five years should be provided by January 15. The PRA has also sought details of developers of housing societies from the LDA. The aim is to include owners and developers of unregistered housing societies in the tax net. It should be noted that the LDA has imposed a sales tax of Rs 100 per square foot in housing societies. The details sought include the land area of ​​unregistered housing societies and other data.