No.SOTAX(ET&NC)3-13/2023(Part-I)

GOVERNMENT OF THE PUNJAB EXCISE, TAXATION & NARCOTICS CONTROL DEPARTMENT Dated the 1st July, 2026 ETN/AS/DSPR/O/260701/0148 N O T I F I C A T I O N No.SOTAX(ET&NC)3-13/2023(Part-I).- In exercise of the powers conferred under sub-section (3) of section 3 of the Punjab Urban Immovable Property Tax Act, I958 (V of 1958) and in supersession of Notification No.SOTAX(E&T)3-38/2014(Vol-V), dated 11.07.2025, Governor of the Punjab is pleased to remit the property tax for all existing taxpayers assessed before 01.01.2025 where the tax liability for the financial year 2026-2027, determined on the basis of Capital Value, exceeds the liability assessed for the financial year 2025-26; however, twenty-five percent (25%) of the differential shall be payable. 2.                 The total increase in tax payable shall not exceed seventy percent (70%) of the tax liability of the financial year 2025-2026. (MUHAMMAD MASOOD MUKHTAR)  SECRETARY ET&NC DEPARTMENT NO. & DATE A copy is forwarded for information and necessary action to the:- Principal Secretary to Governor Governor's Secretariat Punjab Principal Secretary to Chief Minister Punjab Chief Minister's Office Punjab All the Administrative Secretaries, Government of the Punjab The Registrar, Lahore High Court,…