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ICCI for reducing property tax on auto market plots

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Staff Reporter

Islamabad

Islamabad Chamber of Commerce and Industry (ICCI) on Sunday urged the government for reducing the property tax on auto markets plots. A delegation of Traders Welfare Association, Auto Market, I-10/3, Islamabad led by its President Musharraf Janjua and Secretary General Salawar Khan Afridi visited Islamabad Chamber of Commerce and Industry and highlighted the key issues of their market before the office bearers of ICCI for redress. Addressing the delegation, Sardar Yasir Ilyas Khan, President ICCI said that Capital Development Authority has now started development works in markets and assured them that Capital Development Authority (CDA) would hopefully initiate the development works in the market as well. He said that property tax on auto market plots has been increased from Rs.6440/- to Rs.14000/- in one go, which was not justified . He urged for bringing down the property tax to previous level to ease the problems of auto market traders. He said water charges for the traders of the auto market have also been increased from Rs.1750/- to Rs.4100/-, which was a massive increase and emphasized that water charges should be rationalized to make them affordable for the traders.

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