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Islamabad: The Federal Board of Revenue (FBR) has been empowered to appoint any Commissioner, Deputy Commissioner, and Assistant Commissioner Inland Revenue to exercise powers and perform functions with …
6 min read
As promised back in 2016, the Federal Board of Revenue (FBR) has increased property valuation table rates for real estate across 20 major cities of Pakistan. This rise, …
4 min read
In the Global Real Estate Transparency Index (GRETI) 2018 report released in June last year, Pakistan came in at the 75th spot. This was a significant improvement – …
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The long-anticipated Directorate General Immovable Properties (DG IMP) has finally been announced. DG IMP was announced as a part of the previous government’s bid to formalise and regularise …
3 min read
To file or not to file, that is the question. Is it better to pay the taxes – as most of us do in a number of ways …
3 min read
National Assembly passed the amendments to the Supplementary Finance (Amendment) Bill 2018 on October 3, 2018. Proposed on September 19, 2018, the biggest highlight of the budget was …
3 min read
Domestically, anti-encroachment drives are taking firm ground. This is primarily because the present government has laid special emphasis on ridding land, especially state land, of encroachers and earning …
4 min read
What taxes and transfer fees do you have to pay to buy property in Defence (DHA) Lahore, Karachi or Islamabad? This is, perhaps one of the most common …
3 min read
Budget 2018-19 had its pros and cons and a significant impact on the real estate sector of Pakistan. One of its most discussed highlights of the budget …
3 min read
Capital Gains Tax (CGT) is a tax levied by the federal government. It is basically the profit you make by selling your property. So basically, it is only …