ISLAMABAD, AUGUST 13: The Karachi Metropolitan Corporation (KMC) has implemented a municipal tax on K-Electric (KE) bills. The amount of electricity that KE customers use will determine the Municipal Utility Charges and Taxes (MUCT).
The following fees will be imposed on domestic consumers:
- 20 for 101 to 200 units
- 40 for 201 to 300 units
- 100 for 301 to 400 units
- 125 for 401 to 500 units
- 150 for 501 to 600 units
- 175 for 601 to 700 units
- 300 for usage exceeding 700 units.
A consistent cost of Rs. 400 would be levied to commercial and industrial customers. The money raised from this municipal tax, according to Karachi Mayor Barrister Murtaza Wahab, will be used to finance citywide development projects.
The electricity utility will retain 7.5 percent of the money received, with 50% going toward paying off its debts to the KMC, as per the terms of the agreement between KMV and KE. A KMC representative had earlier stated that the cash will be used in a transparent manner, with monthly updates posted on the organization’s website. He went on to say that this strategy will help the city’s union council level municipal governance and give the KMC more budgetary freedom.
