3 min read
The government of Pakistan is taking extra measures to bring more people into the tax net. Paying taxes is one thing and filing tax returns is another. The …
3 min read
The Capital Development Authority (CDA) is the regulatory body for Islamabad, alongside Islamabad Capital Territory Administration (ICT). The CDA specifically overseas planning, development, construction, and administration of the …
3 min read
On April 27, 2018, Finance Minister Miftah Ismail announced the much-awaited Budget 2018-19. Prime Minister Shahid Khaqan Abbasi had already announced a detailed amnesty scheme and tax reforms …
4 min read
There can be a number of issues involved with the management and utilisation of joint property. Sometimes the disagreement between co-owners can be one that simply can’t be …
5 min read
FBR Valuation tables are tables that show the fair market value of real estate as determined with mutual consent of the Federal Board of Revenue (FBR) and representatives …
3 min read
Do you have a residential property that you don’t need for residence, and want to capitalise on it? It might not be a bad idea to convert it …
5 min read
Pakistan’s original rental law dates back to 1959 when it was passed as an ordinance after Punjab, Sindh, Balochistan and Khyber Pakhtunkhwa (then NWFP) were consolidated into a …
2 min read
It appears that the process of imposing taxes on the property sector is not over yet. The Federal Board of Revenue (FBR) has imposed a 5% tax on …
3 min read
You as a property owner or an investor in real estate are likely to have heard the words ‘capital gains tax’ and ‘capital value tax’. You may also …
2 min read
Like any other country, the buying and selling of real estate in Pakistan is governed by certain laws that you need to abide by, when making real estate …