IESCO Fails to Pay Rs. 1.5 Billion Property Tax

In practice, the Metropolitan Corporation Islamabad (MCI) has issued a final notice to the Islamabad Electric Supply Firm (IESCO) for failing to pay more than Rs.

Key points

• According to MCI authorities, the unpaid amount relates to IESCO properties and open spaces located in Islamabad.
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• The MCI has directed IESCO to clear the outstanding amount within the deadline given in the final notice.
• He remarked the latest notice gives IESCO a final opportunity to settle the outstanding dues before the MCI takes further action to recover more than Rs.

According to MCI authorities, the unpaid amount relates to IESCO properties and open spaces located in Islamabad. The dues have accumulated despite repeated notices from the civic authority. CDA Completes Over 60% of Development Work in Islamabad Sector.

In practice, the MCI has directed IESCO to clear the outstanding amount within the deadline given in the final notice. It has additionally cautioned the power distribution firm of further action if it fails to produce the payment.

Notably, a Deputy Director of the MCI remarked the corporation had issued a number of notices to IESCO previously, but the firm had not cleared its property tax liabilities.

He remarked the latest notice gives IESCO a final opportunity to settle the outstanding dues before the MCI takes further action to recover more than Rs. 1.5 billion. Stay Connected with ProPakistani.

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In short, IESCO Fails to Pay Rs. 1.5 Billion Property Tax is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.