{"id":66446,"date":"2020-06-10T09:51:00","date_gmt":"2020-06-10T04:51:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66446"},"modified":"2020-06-09T19:56:06","modified_gmt":"2020-06-09T14:56:06","slug":"punjab-govt-shares-deadline-availing-reduced-stamp-duty-property-transfers","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-govt-shares-deadline-availing-reduced-stamp-duty-property-transfers.html","title":{"rendered":"Punjab govt shares deadline for availing reduced stamp duty on property transfers"},"content":{"rendered":"\n<p>Gujranwala: The Punjab government recently shared the deadline for availing reduced stamp duty on property transfers \u2014 with the initiative forming part of the government\u2019s efforts to provide relief to various sectors of the economy during the ongoing coronavirus pandemic, a news source reported. As per the government\u2019s notification, the deadline has been set for June 30.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/punjab-defers-property-tax-reduces-cvt-stamp-duty.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab defers Property Tax, reduces CVT &amp; Stamp Duty<\/a><\/p>\n\n\n\n<p>Previously, the government had announced a reduction in stamp duty from 5% to 1% that could be availed until the end of this fiscal year. The deadline for that falls on the end of this month.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/construction-sector-gets-historic-relief-package.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction sector gets \u2018historic\u2019 relief package; CGT, source of income conditions revoked<\/a><\/p>\n\n\n\n<p>The government has also reissued the instructions to assistant commissioners and sub-registrars so that a maximum number of people are able to avail the reduction in taxes. The measure is expected to not only help boost the construction and real estate sectors, but also enhance economic activities around the country. This could be in the form of sale and purchase of properties and construction materials, or the construction of immovable properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujranwala: The Punjab government recently shared the deadline for availing reduced stamp duty on property transfers \u2014 with the initiative forming part of the government\u2019s efforts to provide relief to various sectors of the economy during the ongoing coronavirus pandemic, a news source reported. As per the government\u2019s notification, the deadline has been set for June 30. Read: Punjab defers Property Tax, reduces CVT &amp; Stamp Duty Previously, the government had announced a reduction in stamp duty from 5% to 1% that could be availed until the end of this fiscal year. The deadline for that falls on the end of this month. Read: Construction sector gets \u2018historic\u2019 relief package; CGT, source of income conditions revoked The government has also reissued the instructions to assistant commissioners and sub-registrars so that a maximum number of people are able to avail the reduction in taxes. The measure is expected to not only help boost the construction and real estate sectors, but also enhance economic activities around the country. This could be in the form of sale and purchase of properties and construction materials, or the construction of immovable properties.<\/p>\n","protected":false},"author":57,"featured_media":61600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[31313],"persona":[],"class_list":{"0":"post-66446","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-punjab-govt-shares-deadline-for-availing-reduced-stamp-duty-on-property-transfers","9":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Deadline for reduced stamp duty on properties shared - Zameen News<\/title>\n<meta name=\"description\" content=\"Gujranwala: The Punjab government recently shared the deadline for availing reduced stamp duty on property transfers \u2014 with the initiative forming part of the government\u2019s efforts to provide relief to various sectors of the economy during the ongoing coronavirus pandemic, a news source reported.\" \/>\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\/punjab-govt-shares-deadline-availing-reduced-stamp-duty-property-transfers.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deadline for reduced stamp duty on properties shared - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Gujranwala: The Punjab government recently shared the deadline for availing reduced stamp duty on property transfers \u2014 with the initiative forming part of the government\u2019s efforts to provide relief to various sectors of the economy during the ongoing coronavirus pandemic, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-govt-shares-deadline-availing-reduced-stamp-duty-property-transfers.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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