SBP allows Bank of Punjab to collect property, vehicle tax fee

LAHORE (Staff Report) – The State Bank of Pakistan (SBP) has granted permission to Bank of Punjab (BoP) for collecting property fee and vehicles token tax.

According to SBP, “The Bank of Punjab has been given the authority to collect the stamp paper’s duty, the token tax of vehicles and property tax as it has been granted status of National bank.

“The citizens can also deposit excise and LDA-related fees in various branches of the Bank of Punjab”, it added.

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