The Punjab government has imposed a 16 percent sales tax on the rental of commercial properties starting July 1, 2025,… Read More
FBR Closes Major Tax Loophole Used By Banks on Rented Properties
The Federal Board of Revenue (FBR) has revised the income tax deduction system for banks operating in rental/leased properties from… Read More
Govt Offers Tax Credit on Interest Paid for Low-Cost Housing Loans
The government has introduced a new tax credit through Section 63A of the Finance Act 2025, allowing individuals to claim… Read More
FIA Probes Golden Visa Holders Having Undeclared Property in UAE
A major crackdown is underway against resident Pakistanis who have invested at least AED 2 million in UAE property but… Read More
CDA Seals 17 Illegally Built Commercial Buildings in Islamabad
Capital Development Authority (CDA) has sealed a total of 17 illegal and unapproved structures during a large-scale operation in Zone-V… Read More
Govt Plans New Cheap Housing Scheme to Revive Property Sector
The federal government plans to launch a new subsidized housing finance scheme in the upcoming fiscal year to revive the… Read More
Court Rejects Govt Move to Fire Employees of Naya Pakistan Housing and Development Authority
The Islamabad High Court has suspended the termination orders issued against employees of the Naya Pakistan Housing and Development Authority… Read More
Pakistanis May Soon Need Eligibility Certificate Before Buying Property, Cars
The Federal Board of Revenue (FBR) is likely to add a separate ‘Certificate of Eligibility’ tab on IRIS, as per… Read More
Senate Body Proposes Easing Property Purchase
The Senate Standing Committee on Finance and Revenue on Wednesday approved increasing the existing property purchase limit for non-filers from… Read More
Govt Seizes First-Ever Benami Plots in Islamabad After Shocking FBR Discovery
The Commissionerate of Anti-Benami Initiative (ABI), Islamabad, has confiscated its first-ever immovable properties, Plot No. 168-A (Corner), area 816 sq… Read More
Govt Decides to Abolish FED on Buying, Transfer of Property in Budget
The federal government has abolished the Federal Excise Duty (FED) on the purchase or transfer of property, effective July 1,… Read More
Govt Announces Tax Credit Scheme For Houses Up To 10 Marlas
The federal government has announced a new policy initiative aimed at encouraging the construction of low-cost homes and expanding access… Read More
