KARACHI: Karachi Metropolitan Corporation (KMC) has started a new system of collection of municipal tax directly through electricity bills from July 2024, here on Wednesday.
As per the details, K-Electric, the city’s main electricity supplier, has started including these charges in monthly bills, marking a significant change in the way municipal taxes are collected in Karachi.
Karachi Mayor Murtaza Wahab has announced that this new method of tax collection is expected to generate 4 billion rupees. The revenue from Municipal Utility Charges Tax (MUCT) will be allocated for development projects in all Union Councils of Karachi. The move is part of a broader strategy to improve the city’s infrastructure and public services.
The mayor emphasized his commitment to transparency in the collection and use of these funds. He has promised to personally oversee all financial matters related to the initiative, ensuring that both the revenue generated and its expenditure will be closely monitored.
Karachi residents will notice an additional charge on their electricity bills, calculated based on their monthly electricity consumption. The tax structure is as follows:
101 to 200 units: An additional Rs20
201 to 300 units: An additional Rs40
301 to 400 units: An additional Rs100
401 to 500 units: An additional Rs125
Over 700 units: An additional Rs300
Commercial users will also be affected, with a municipal tax of Rs400 added to their bills.
ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…
ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…
ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…
LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…
KARACHI: The government has decided to include unmarried women above the age of 35 in…
ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…