IMF Approves 2% Tax Cut on Property Purchases in Pakistan – What It Means for Buyers The International Monetary Fund (IMF) has agreed in principle to reduce the withholding tax (WHT) on property purchases in Pakistan by 2%, starting from April 2025. This decision follows persistent efforts by the Federal Board of Revenue (FBR) to [...]
Tax Relief on Property Sales: FBR Chairman Announces Major Cuts In a groundbreaking move, Federal Board of Revenue (FBR) Chairman Rashid Mahmood has announced significant tax reforms aimed at revitalizing Pakistan’s real estate market by Tax Relief on Property Sales. This includes plans to reduce withholding taxes on property transactions and reconsider the 5% Federal [...]
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