Measures being taken to reduce mutation fee


Caretaker Minister for Revenue Khyber Pakhtunk-hwa Adnan Jaleel said that the government was taking measures to reduce the mutation fee as pres-ently, the federal government was collecting 11 percent out of the 15 percent mutation fee while the KP was charging only 4 percent of the total fee. He expressed these views while talking to a delega-tion which called on him here Thursday.

The minister further said that there was no doubt that due to heavy taxes, a large number of mutations of properties had been stopped, resulting in national exchequers facing huge losses in this context. Ad-nan Jaleel stated that our share in the mutation fee and other taxes was only 4 percent while the federal government was receiving 11 percent. We will send a proposal to the Council of Common Interest for the reduction of federal taxes on the mutation of property as the provincial caretaker government is trying its best to provide relief to the masses, he added.—APP