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Immovable property

FBR reduces CGT & Tax rate on immovable property in the Budget FY 2020-21

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،...

Stamp duty discounts ends on 30 June & FBR evaluation property rates for FY 2020-21

The Punjab government recently shared the deadline for availing reduced stamp duty on property transfers. As per the government’s notification, the deadline of discount on stamp duty has been set for June 30. Previously, the government had announced a reduction in stamp duty from 5% to 1% that could be availed until the end of this fiscal year. The deadline for that falls on the end of this month. In...