BUSINESSDAWN
KMC eyes Rs1bn annual revenue from tax on hotels, marriage halls
The Karachi Metropolitan Corporation (KMC) plans to impose a 1% 'entertainment tax' on hotels, marriage halls, and similar venues to generate Rs1 billion annually. The tax, pending City Council approval, aims to strengthen KMC's finances and improve public services, with a public hearing scheduled for June 10. This follows the implementation of the Municipal Urban Community Tax (MUCT) in 2024, which generates Rs4 billion annually via K-Electric bills.
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