FBR Imposes New Conditions for Overseas Pakistanis on Property Transactions
In a significant policy update, the Federal Board of Revenue FBR has introduced additional conditions for overseas Pakistanis involved in buying or selling immovable property. To qualify for tax rates applicable to “filers,” non-resident Pakistanis will now need to secure approval from the Commissioner Inland Revenue, verifying their non-resident status. This new measure aims to…
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