MCI revises rebate period after billing system upgrade, with 5% early-payment relief available from bill issuance

ISLAMABAD: The Metropolitan Corporation Islamabad (MCI) is set to issue property tax bills for financial year 2026-27 within 10 working days following the completion of an upgrade to its billing system, the Directorate of Revenue said on Monday.

The upgraded system will cover property tax billing for residential, commercial, industrial and institutional properties, according to the directorate.

The development is expected to facilitate property tax collection for the new financial year while improving the efficiency of the billing process.

Rebate period revised after billing delay

The MCI has revised the property tax rebate period for taxpayers following delays caused by the billing system upgrade.

Under the revised arrangement, the rebate period will be calculated from the date the property tax bill is issued, rather than from an earlier date.

The additional 5% rebate for early payment will remain available from the date of bill issuance until the applicable due date.

The change is intended to give taxpayers adequate time to receive their bills, verify the information provided and make payments within the stipulated period to benefit from the available rebate.

MCI urges timely payment

The MCI has advised property owners to pay their property taxes within the prescribed period after receiving their bills.

Taxpayers with queries concerning residential properties can contact the Directorate of Revenue at 9252823 and 9253057.

For commercial property-related queries, taxpayers can contact 9252498 and 9252461.

The Directorate of Revenue said the billing system was being modernised to improve the efficiency and transparency of property tax collection while making the process more convenient for taxpayers.

The issuance of the revised bills is expected to facilitate property tax collection for FY2026-27 following completion of the billing system upgrade.