Advertise
Search Options
Search
Ask Your Question 
Ask Now
Prop Guide

Property Guru
7340 posts
24 best
Nadeem Ahmed

Property Guru
4785 posts
18 best
Falcon

Property Guru
4699 posts
6 best
Pakistani-1

Property Guru
3031 posts
26 best
Nasir

Property Guru
2515 posts
21 best
Abdul Qayyum

Property Guru
2073 posts
4 best
Sayeein

Property Guru
1868 posts
0 best
Khalid Javai

Property Guru
1795 posts
0 best
Sheikh Abdul

Property Guru
1753 posts
16 best
Baber Rabban

Property Guru
1716 posts
16 best
Isloo

Property Guru
1529 posts
3 best
Dsa

Expert Authority
1451 posts
2 best
Syed Ibrhaim

Expert Authority
1439 posts
17 best
Imtiaz

Expert Authority
1352 posts
7 best
Arshad

Expert Authority
1189 posts
1 best
Pardesi

Expert Authority
1172 posts
8 best
Mbs

Expert Authority
1157 posts
13 best
Ht

Expert Authority
1115 posts
9 best
Irfan

Expert Authority
1112 posts
8 best
Real Estate

Expert Authority
1052 posts
3 best
Become an expert on the forum, check Forum Ranks.
News questions and answers. All your News questions answered by our experts and thousands of other members. Get professional News answers to your questions. Get started by asking a new News question now.
ASAD
( 867 posts )

[3 Answers]
New amendment pos and cons

So practically dc rates were used to calculate taxes , now valuer will evaluate according to market which means 5 times more taxes , on other hand people near govt projects whose land used to be grabbed and offered dc rate now wont suffer a lot ,

But how will valuer evaluate , who will control market rate ? , will total mechanism going to change like y in pak arab plot is 15 lac per marla so how come in wapda 10 lac merla will sbp correct these things too ,and how they will see certain changes in rate in current market even on files ad gambling , i think govt cant be that much intelligent they just put more taxes so everyone can pay weather its white money or black just by discarding dc rates . This is what it's all about ??? How gurus see it?

    1240 days ago In News
    Post Reply
    Falcon
    (4444 posts)
    Asad sb..Sir there is no proper elaboration of the law as of now so we have to wait for details before proceeding on to conclusions and affects. Holistically, this is nothing more than a bizarre attempt to collect money since it has no incentive for the filers, so it clearly shows that they are least bothered with the filer or non filer issue rather they they want to stash more and more money in government reserves for their own luxuries. Real estate sector is the victim this time because these basta**s have already ruined other industries so they had no other alternatives available as whole of the Pakistan, be it old industrialists or businessmen who were just fed u because of their failed business policies and energy crises, was taking refuge in this sector just to save their money from devaluation.
      1240 days ago 

      Kashif Sheik..
      (604 posts)
      Plots costing up to Rs 3 million (30 lakhs) are exempt from payment of CGT. Therefore these properties are unlikely to be seriously effected by this measure and might actually see an increased investor interest. This is because possession plots always offer more security as compared to files.
        1240 days ago 

        NadeemK
        (80 posts)
        Maybe not much will change as now the SBP appraiser will appraise it low in exchange for a bribe. As long as the bribe amount plus the tax on the low appraisal is lower than the tax on actual market level appraisal people would be willing to pay the bribe. Tax evasion will come down only when a basic level of trust is established between tax payers and the government. At present, that trust is very low
          1236 days ago 

          Post Answer (3 Answers)
          Email Basket (0)
          SEND EMAIL   REMOVE ALL