{"id":64324,"date":"2020-04-20T14:19:21","date_gmt":"2020-04-20T09:19:21","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64324"},"modified":"2020-04-22T12:27:59","modified_gmt":"2020-04-22T07:27:59","slug":"bahria-town-sets-up-fbr-registration-desks","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/bahria-town-sets-up-fbr-registration-desks.html","title":{"rendered":"Bahria Town sets up FBR registration desks, asks investors to avail construction relief package"},"content":{"rendered":"\n<p>Lahore: The Bahria Town Lahore administration has invited individuals who wish to buy plots or start the construction of a house, workplace or a plaza in the society to avail the government\u2019s construction relief package \u2014 with desk counters for FBR registrations also having been established in all society offices within the city, according to news sources. &nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/bahria-town-opens-karachi-lahore-islamabad-offices.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Bahria Town opens its Karachi, Lahore, &amp; Islamabad offices (opens in a new tab)\">Bahria Town opens its Karachi, Lahore, &amp; Islamabad offices<\/a><\/p>\n\n\n\n<p>This\npackage is a result of the government\u2019s recent decision to amend Section 111 of\nthe Income Tax Ordinance, 2002, in which certain conditions have been set for\ninitiating construction on a project. These include:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>The plot for the construction is bought on or before December 31, 2020.<\/li><li>The price of the plot is paid on or before December 31, 2020, through the banks.<\/li><li>The construction work on the plot is launched on or before December 31, 2020.<\/li><li>The construction work is completed before September 30, 2022.<\/li><li>The buyer is registered on the Federal Board of Revenue (FBR)\u2019s Active Taxpayers List (ATL) \u2014 the Internal Revenue\u2019s Web Portal can be used for this registration.<\/li><\/ol>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/bahria-town-disinfects-shehzad-town-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Bahria Town disinfects Shehzad Town, Islamabad (opens in a new tab)\">Bahria Town disinfects Shehzad Town, Islamabad<\/a><\/p>\n\n\n\n<p>The Bahria Town administration has invited investors and buyers to build their homes, offices and commercial plazas in Bahria Town Lahore after fulfilling the conditions mentioned above. For this purpose, the admin has also established desk counters for <a href=\"https:\/\/www.zameen.com\/news\/fbr-refunds-pkr-51-5-bn-exporters-businesspersons.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR (opens in a new tab)\">FBR<\/a> registration of its members in all its offices. The society has urged its members to repay their dues and get possession of their plots to gain full advantage of this amnesty scheme. <\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.zameen.com\/forum\/discussions\/projects_and_developments\/good_news_for_bahria_town_members_-33163.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"administration (opens in a new tab)\">administration<\/a> also took the opportunity to laud the government\u2019s decision to give the construction sector an \u2018industry\u2019 status, and the amnesty scheme introduced through the amended income tax ordinance. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Bahria Town Lahore administration has invited individuals who wish to buy plots or start the construction of a house, workplace or a plaza in the society to avail the government\u2019s construction relief package \u2014 with desk counters for FBR registrations also having been established in all society offices within the city, according to news sources. &nbsp; Read: Bahria Town opens its Karachi, Lahore, &amp; Islamabad offices This package is a result of the government\u2019s recent decision to amend Section 111 of the Income Tax Ordinance, 2002, in which certain conditions have been set for initiating construction on a project. These include: The plot for the construction is bought on or before December 31, 2020. The price of the plot is paid on or before December 31, 2020, through the banks. The construction work on the plot is launched on or before December 31, 2020. The construction work is completed before September 30, 2022. The buyer is registered on the Federal Board of Revenue (FBR)\u2019s Active Taxpayers List (ATL) \u2014 the Internal Revenue\u2019s Web Portal can be used for this registration. Read: Bahria Town disinfects Shehzad Town, Islamabad The Bahria Town administration has invited investors and buyers to build&hellip;<\/p>\n","protected":false},"author":75,"featured_media":62224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[98,58,26720,26721],"persona":[],"class_list":{"0":"post-64324","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-bahria-town","9":"tag-bahria-town-lahore","10":"tag-bahria-town-sets-up-fbr-registration-desks","11":"tag-construction-relief-package","12":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bahria Town sets up FBR registration desks - Zameen News<\/title>\n<meta name=\"description\" content=\"Bahria Town Lahore administration has invited individuals who wish to buy plots or start the construction of a house, workplace or a plaza\" \/>\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\/bahria-town-sets-up-fbr-registration-desks.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bahria Town sets up FBR registration desks - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Bahria Town Lahore administration has invited individuals who wish to buy plots or start the construction of a house, workplace or a plaza\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/bahria-town-sets-up-fbr-registration-desks.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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