All
 

 

Just in:  

You are here: Home»Top Stories»LHC asks Punjab government to submit all UCs audit reports

LHC asks Punjab government to submit all UCs audit reports

The Lahore High Court here on Thursday directed Punjab government to submit four-year audit reports of all union councils in the province along with income and expenditure details. The court passed this order in several petitions challenging recovery of urban property tax under Local Government Ordinance.

In this case, secretary local government had defended the tax recovery, however, Excise department claimed its authority to recover the impugned tax. Secretary local government further said that the impugned tax being recovered to meet expenses of Town Municipal Administration.

The court adjourned the hearing for a month and directed the government to submit audit, income and expenditure details of all UCs in the province. The petitioners had pleaded that the local government was illegally recovering urban property tax. They said Excise department was already recovering the same tax. Therefore, one could not be subjected to dual tax.

Copyright Business Recorder, 2014



 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln