• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

ICCI secures major relief for industrial units as MCI agrees to review property tax notices

by Sub News
June 20, 2026
ICCI secures major relief for industrial units as MCI agrees to review property tax notices
Share on WhatAppShare on XShare on Facebook

Islamabad, June 20,2026: The Capital Development Authority (CDA)/Municipal Corporation Islamabad (MCI) has assured the business community that property tax notices issued to industrial units in Industrial Area I-9 and Industrial Triangle Kahuta Road will be reviewed on a case-to-case basis to ensure fairness, transparency, and relief for genuine taxpayers.

This assurance was given by Kashif Niaz, Director Revenue, CDA/MCI, during a meeting with the business community at the Islamabad Chamber of Commerce and Industry (ICCI). He was accompanied by Deputy Director Adnan Khan, Assistant Director Azhar Latif, and Inspector Zahid Akhtar. The meeting was chaired by ICCI President Sardar Tahir Mehmood and attended by ICCI Vice President Muhammad Irfan Chaudhry, Chairman ICCI Founder Group Sheikh Tariq Sadiq, President Islamabad Industrial Association Mr. Omais Khattak, Executive Members Sanaullah Durrani, Zulqurnain Abbasi, Waseem Chaudhry, and a large number of industrialists and traders.

Speaking on the occasion, ICCI President Sardar Tahir Mehmood welcomed the CDA delegation and highlighted the difficulties being faced by businesses in the prevailing economic environment. Referring to the recent property tax notices carrying substantial arrears for previous years, he said the issue had created serious concerns among industrialists and business owners. He stressed the need for a consultative and facilitative approach to resolve the matter while protecting the interests of compliant taxpayers.

Chairman ICCI Founder Group Sheikh Tariq Sadiq, President Islamabad Industrial Association  Omais Khattak, and other participants expressed reservations over the issuance of notices containing heavy arrears and late payment surcharges despite regular tax payments by many businesses. They urged the Revenue Department to review the cases and provide relief to law-abiding taxpayers. Responding to the concerns, Director Revenue  Kashif Niaz acknowledged the vital role of the business community in economic growth, employment generation, and national development. He assured the participants that all genuine issues would be addressed through dialogue and cooperation.

It was agreed that the Revenue Department would scrutinize the notices and withdraw unjustified arrears or disputed demands wherever warranted.  On this occasion the ICCI side also formed a committee comprising Omais Khattak and Khalid Chaudhry to remain in contact with the relevant  Revenue officials for the needful.  Regarding Industrial Triangle Kahuta Road, participants pointed out that the area was not receiving municipal services comparable to other localities. The Revenue Department agreed to seek further input from stakeholders before taking a final position on the matter. Both sides also agreed to maintain close coordination and continue consultations to address taxation issues in a manner that promotes business growth while ensuring compliance with applicable laws.

The meeting concluded in a cordial and constructive atmosphere. The participants appreciated the positive response of the Revenue Department, while the CDA delegation reaffirmed its commitment to facilitating the business community and resolving their concerns through mutual consultation and understanding.

Tags: Capital Development AuthorityCDACDA/MCIDirector RevenueICCIIndustrial Area I-9IslamabadIslamabad Chamber of Commerce and IndustryKashif NiazMCIMunicipal Corporation IslamabadPakistanSardar Tahir MehmoodTriangle Kahuta Road
Previous Post

President Zardari condemns Bannu IED attack

Next Post

Uzbekistan praises Pakistan’s role in Islamabad MoU, commends leadership for peace efforts

Related Posts

PM directs swift restructuring of Privatisation Commission, seeks global investors for Discos
Business

PM directs swift restructuring of Privatisation Commission, seeks global investors for Discos

Islamabad, August 5, 2026: Prime Minister Shehbaz Sharif on Wednesday directed the relevant authorities to adopt a comprehensive strategy to...

by Sub News
August 5, 2026
Pakistan, Denmark sign strategic cooperation agreement to accelerate clean energy transition
Business

Pakistan, Denmark sign strategic cooperation agreement to accelerate clean energy transition

Islamabad, August 5, 2026: Pakistan and Denmark on Wednesday signed a Memorandum of Understanding (MoU) on the Strategic Sector Cooperation...

by Sub News
August 5, 2026
ICCI stresses innovation-driven industrial growth at GOPKZ Industry Connect launch
Business

ICCI stresses innovation-driven industrial growth at GOPKZ Industry Connect launch

Islamabad, August 5, 2026: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, on Wednesday said...

by Sub News
August 5, 2026
Pakistan, Australia review bilateral ties, boost trade and strategic cooperation
Business

Pakistan, Australia review bilateral ties, boost trade and strategic cooperation

Islamabad, August 5, 2026: Pakistan and Australia have reaffirmed their commitment to strengthening bilateral relations as senior officials from both...

by Sub News
August 5, 2026
Next Post
Uzbekistan praises Pakistan’s role in Islamabad MoU, commends leadership for peace efforts

Uzbekistan praises Pakistan’s role in Islamabad MoU, commends leadership for peace efforts

Breaking News

  • Pakistan thrash West Indies by eight wickets to level Test series
  • Trump says Strait of Hormuz could reopen soon as US-Iran talks make progress
  • PM directs swift restructuring of Privatisation Commission, seeks global investors for Discos
  • Pakistan bowl out West Indies for 117, set up victory chase in second Test
  • R-4 foreign ministers reaffirm support for Palestinian statehood, call for regional stability through dialogue
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.