CGT

The rates of the Capital Gains Tax (CGT) and Withholding Tax on immovable properties would be rationalized in the upcoming budget (2025-26) to facilitate buyers and sellers of real estate sector from July 1 2025, sources told daily Business Recorder. The rates of withholding tax would be reduced on the import of raw materials/inputs in federal budget (2025-26). The rates of withholding taxes would also...

Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property of Pakistan.  Amendment in the Income Tax Ordinance 2002, through the Finance Act 2020, reduces holding period and tax rates on different amounts for computation of capital gains on disposal of immovable property According to a Circular No. 3 issued on September 3, 2020 by...

FBR, on Imran Khan’s strive to stimulate the economy, reduced holding period and tax rates for Capital Gain on immoveable property throughout Pakistan. ایف بی آر نے حکومت کے تازہ بجٹ میں غیر منقولہ جائیداد پرسی جی ٹی کی شرح کم کردی ایف بی آر نے، عمران خان کی معیشت کو متحرک کرنے کی جدوجہد میں،...