Travel
MUCT transparency
字号+ Author:Smart News Source:US 2025-01-13 15:39:07 I want to comment(0)
THIS is with reference to the report ‘KMC collects Rs220m municipal tax through August KE bills’ (Nov 6), quoting the city mayor as disclosing that the Karachi Metropolitan Corporation (KMC) had raised that much revenue through the recently imposed Municipal Utility Charges Tax (MUCT). The amount, collected through K-Electric (KE) bills, was against a target of nearly Rs3 billion for the year. This is encouraging news, especially considering the persistent concerns raised by the KMC about the lack of sufficient funds. For years, the administration has cited limited financial resources as a barrier to tackling key urban challenges. The KMC’s commitment to ensuring transparency in using MUCT funds is a step in the right direction. The mayor’s assurance to publish detailed receipts and expenses on the KMC website can help foster greater public trust. However, it is vital that the funds generated from across the city are distributed equitably. While it is commendable that the KMC is taking action in certain areas, the funds should be allocated fairly to address the needs of all neighbourhoods in Karachi, regardless of their economic status. The benefits of this tax must be spread evenly to ensure that every area sees tangible improvements. Moreover, the public must be regularly updated on how their contributions are being spent, and the KMC must ensure that these funds are used efficiently and transparently.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans
2025-01-13 14:22
-
SBP governor says hike in inflation expected after 3-4 months
2025-01-13 14:06
-
Finance czar stresses broader consensus for sustainable economic stability
2025-01-13 13:18
-
Pakistan's tax gap has exceeded Rs7tr, reveals FBR chairman
2025-01-13 13:17
User Reviews
Recommended Reads
Hot Information
- Nadal may skip singles action in Davis Cup farewell if it helps Spain
- Stocks surge on upbeat economic indicators, political calm
- NA bill seeks to tighten noose around non-filers
- Pakistan's CPI-based inflation slows to 4.1% YoY in December 2024
- PTI leaders asked to make Islamabad protest successful
- Bitcoin breaks $106,000 barrier amid reserve optimism
- Bears dominate PSX as profit-taking halts gains
- SBP slashes key policy rate by 200bps to 13%
- Trial court asked to decide Imran’s acquittal pleas in £190m case
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content