Property and Token Tax – It has been decided to continue the tax relief provided in the sales tax online services in the next financial year also. It is being proposed to increase the rate of stamp duty in urban areas from 1% to 2%. 95% discount on registration of electric vehicles and token tax is being continued, revised e-auction policy for auction of attractive numbers of motor vehicles is also being implemented, under Punjab Finance Act 2014. Luxury house tax schedule for luxury homes is introducing new rates by area for the convenience of taxpayers. Ongoing. In addition, users will continue to receive an additional 5% discount on online payments via e-Pay.
