Punjab Excise, Taxation, and Narcotics Control Department introduced a series of significant reforms in the property tax system in 2025 to enhance transparency, fairness, and operational efficiency. From January 1st, 2025, the Punjab Excise Department made a significant change to the method of estimation and collection of property taxes. Transition to DC Rate-Based Assessment The […]
Property tax in Punjab can seem simple to control, yet a lot of homeowners and investors often make big mistakes, which can lead to fines, problems with the law, or even excessive taxes. Since revised reformations were introduced in 2025, it has become essential to be updated to avoid the usual mistakes. 1. Misunderstanding the […]
The Punjab government reformed its tax system of properties in 2025, changing it from one based on rental value to one based on the rates confirmed by the District Collector (DC). This important reform is to improve transparency, make taxes easier to calculate, and make property valuations closer to the reality of the real market. […]