Tax Relief on Property Sales: FBR Chairman Announces Historic Reforms for Pakistan’s Real Estate Sector
The Federal Board of Revenue (FBR) has announced sweeping tax reforms aimed at invigorating Pakistan’s real estate market. FBR Chairman Rashid Mahmood unveiled these measures in a recent meeting of the Taxation Task Force for Housing Sector Development. The reforms include reductions in withholding taxes, reconsideration of the Federal Excise Duty (FED) on property transactions,…
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