The Capital Development Authority (CDA) in Islamabad has recently implemented significant changes to the property tax system, aiming to bolster revenue collection across the entire city. Previously, property tax collection was limited to certain sectors, but now, a uniform property tax rate has been introduced citywide.
Under the new system, the CDA is offering a 10% tax concession to employees of both private and government enterprises registered with the Employees’ Old-Age Benefits Institute. This concession applies to both current taxes and arrears paid by September 30 each year.
Certain entities such as public hospitals, educational institutions, libraries, and government organizations have been exempted from property tax. However, semi-government organizations will still be subject to the tax.
The tax rates vary based on property size and location. For instance, owners of 140 square yard houses in model towns and PHA Kurri Housing scheme in Sector E-11 will owe Rs24,000 annually, while owners of 4,000 square yard houses in the same area will owe Rs200,000 annually. Similarly, in Park Enclave, owners of 140-yard houses will pay Rs25,000 in tax annually, whereas owners of 2,000 square yard houses will owe Rs227,000 annually.
In areas like DHA, Bahria Town, and Bahria Enclave, owners of five marla houses will pay Rs27,000 annually, while those with six kanal houses will owe Rs298,000 annually to the authority. In Gulberg and Naval Anchorage, property tax rates will range from Rs20,000 to Rs170,000 annually, respectively.
Furthermore, property tax rates for different series of properties are as follows: for the D series, between Rs27,000 and Rs246,000; for the G series, between Rs28,000 and Rs249,000; for the F series, between Rs35,000 and Rs1.2 million; and for the I series, between Rs25,000 and Rs271,000 at the maximum.
