{"id":58404,"date":"2019-12-06T14:35:16","date_gmt":"2019-12-06T09:35:16","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58404"},"modified":"2019-12-06T14:35:16","modified_gmt":"2019-12-06T09:35:16","slug":"govt-looking-to-abolish-taxes-on-construction","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-looking-to-abolish-taxes-on-construction.html","title":{"rendered":"Govt looking to abolish taxes on construction"},"content":{"rendered":"<p>Lahore: The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan announced that Naya Pakistan Housing Authority Chairman Lt Gen (Retd) Anwar Ali Haider has informed the Prime Minister (PM) that the tax levied on construction could soon be abolished \u2014 once the proposal receives the approval of all provincial governments, a news source reported.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/cda-forms-committee-to-resolve-issues-faced-by-construction-industry.html\" target=\"_blank\" rel=\"noopener noreferrer\">CDA forms committee to resolve issues faced by construction industry<\/a><\/p>\n<p>The special assistant revealed this information while talking to the media on Thursday. She stated that the Prime Minister had urged the provincial governments to work on <a href=\"https:\/\/www.zameen.com\/news\/special-tax-incentives-planned-construction-sector-hafeez-shaikh.html\" target=\"_blank\" rel=\"noopener noreferrer\">reducing taxes in order to promote the housing and construction sector<\/a>. She added that the PM had been informed of the steps underway to reduce the rate of Capital Value Tax, as well as the recent issuance of E-stamp papers to facilitate people related to the housing and construction sector.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/govt-set-up-construction-infrastructure-board.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt to set up Construction &amp; Infrastructure Board<\/a><\/p>\n<p>In addition, the PM has also been apprised of the details about the ease-of-doing-business in housing. For this purpose, an online portal is being launched by the provincial governments, which will link together the government departments that are relevant to the housing sector. Dr Awan said that this will save businessmen and traders from visiting different offices in order to receive no objection certificates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan announced that Naya Pakistan Housing Authority Chairman Lt Gen (Retd) Anwar Ali Haider has informed the Prime Minister (PM) that the tax levied on construction could soon be abolished \u2014 once the proposal receives the approval of all provincial governments, a news source reported. Read:\u00a0CDA forms committee to resolve issues faced by construction industry The special assistant revealed this information while talking to the media on Thursday. She stated that the Prime Minister had urged the provincial governments to work on reducing taxes in order to promote the housing and construction sector. She added that the PM had been informed of the steps underway to reduce the rate of Capital Value Tax, as well as the recent issuance of E-stamp papers to facilitate people related to the housing and construction sector. Read:\u00a0Govt to set up Construction &amp; Infrastructure Board In addition, the PM has also been apprised of the details about the ease-of-doing-business in housing. For this purpose, an online portal is being launched by the provincial governments, which will link together the government departments that are relevant to the housing sector. Dr Awan&hellip;<\/p>\n","protected":false},"author":57,"featured_media":34938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14306],"persona":[],"class_list":{"0":"post-58404","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-govt-looking-to-abolish-taxes-on-construction"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt looking to abolish taxes on construction - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan announced that Naya Pakistan Housing Authority\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-looking-to-abolish-taxes-on-construction.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt looking to abolish taxes on construction - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan announced that Naya Pakistan Housing Authority\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-looking-to-abolish-taxes-on-construction.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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