Tax collection of Rs 230m from KPT will make KMC financially stable: Administrator Wahab

City News Sep, 17 2022
Tax collection of Rs 230m from KPT will make KMC financially stable: Administrator Wahab
  • 438
  • 0

KARACHI: Administrator Karachi  Murtaza Wahab said that receiving Rs 230 million from Karachi Port Trust in form of municipal tax will make KMC financially stable. “This amount will be spent on various development projects of Karachi. Construction of elevated expressway from ICI Bridge to Y Junction is being started at a cost of Rs 14 billion.

Addressing ceremony along with Minister for Ports and Shipping Faisal Sabzwari at Karachi Port Trust headquarters here he said that no institution can run without taxation and development of Karachi is actually development of Karachi Port Trust as it is an important institution of city. He thanked Faisal Sabzwari and KPT Chairman Tariq Huda for payment of money for taking a positive step for improvement of KMC.

Faisal Sabzwari said that KPT has decided in principle that whatever amount is due to KMC should be paid to it. He said that this is for development and improvement of Karachi. Murtaza told about receiving municipality tax in electricity bill that this is not a new tax and it is being collected since 2009, adding that tax has been reduced instead of increased. “A tax ranging from Rs 50 to Rs 200 will be collected,’ he said and added that earlier, Rs 5,000 per unit was used to be collected from industrial zones.

In response to a question he said that some people are trying to create differences in connection with municipal taxes. He said that KMC has only 14,000 employees and he did not recruit even a single person during his tenure. “Before constructing road, we have to fix sewage system and water leakages, then road will be sustainable, he added. Additional Secretary Maritime Affairs Asad Rafi Chandna, Municipal Commissioner KMC Syed Afzal Zaidi, Finance Advisor Ghulam Murtaza Bhutto and other officers were also present.

Published in The Daily National Courier, September, 17 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Adnan Amanat
Adnan Amanat https://www.dailynationalcourier.com/author/adnan-amanat
Journalist at Daily National Courier. Covering different beats including Politics, Current Affairs & other news content in a well-versed manner. Also member of Karachi Union of Journalist (KUJ).

NC Big Stories

Awareness seminar held in Karachi on Right to Self-Determination Day for Kashmir

KARACHI: An awareness seminar was organized in Karachi on the occasion of Right to Self-Determination Day by the Youth Forum for Kashmir – Karachi Regional Office (YFK-KRO). Political, social, religious and media personalities attended the even...

Rashid Hashmi elected chairman in KCHSU elections, Captain M. Aijaz Haroon’s panel wins all positions

KARACHI: Rashid Hashmi has been elected as Chairman in the regular elections of the Karachi Cooperative Housing Societies Union (KCHSU). According to the Election Commission, Captain M. Aijaz Haroon’s panel achieved a clean sweep by winning all...

District Central Police – Performance report for the year 2025

KARACHI: The District Central police under the leadership of SSP Zeeshan Shafiq Siddiqui remained fully committed throughout the year 2025 to improving the law and order situation and taking effective action against criminal elements.  From 1 Ja...

SSWMB, Climate action center discuss Climate Week Karachi 2026

KARACHI: Sindh Solid Waste Management Board (SSWMB) held a constructive meeting with the Climate Action Center to discuss environmental improvement in Karachi. During the meeting, proposals were presented for organizing Climate Week Karachi 2026. The...

More like this
Related

Abandoned Government School buildings turn into drug dens in Sher Shah Colony

KARACHI: On the directives of Sindh Ombudsman Muhammad Sohail Rajput, Aftab Ahmed Khatri, Regional Director of the Provincial Ombudsman Sindh (POS) for Keamari District/West Karachi, along with Salahuddin Siddiqui, conducted an inspection of the...

Rashid Hashmi elected chairman in KCHSU elections, Captain M. Aijaz Haroon’s panel wins all positions

KARACHI: Rashid Hashmi has been elected as Chairman in the regular elections of the Karachi Cooperative Housing Societies Union (KCHSU). According to the Election Commission, Captain M. Aijaz Haroon’s panel achieved a clean sweep by winning all...

District Central Police – Performance report for the year 2025

KARACHI: The District Central police under the leadership of SSP Zeeshan Shafiq Siddiqui remained fully committed throughout the year 2025 to improving the law and order situation and taking effective action against criminal elements.  From 1 Ja...

SSWMB, Climate action center discuss Climate Week Karachi 2026

KARACHI: Sindh Solid Waste Management Board (SSWMB) held a constructive meeting with the Climate Action Center to discuss environmental improvement in Karachi. During the meeting, proposals were presented for organizing Climate Week Karachi 2026. The...
Need Help? Chat with us