{"id":9973,"date":"2023-01-24T14:56:01","date_gmt":"2023-01-24T09:56:01","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=9973"},"modified":"2023-01-24T17:23:24","modified_gmt":"2023-01-24T12:23:24","slug":"fbr-reports-33-increase-in-property-tax-collection-for-fy-2021-22","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/fbr-reports-33-increase-in-property-tax-collection-for-fy-2021-22\/","title":{"rendered":"FBR Reports 33% Increase in Property Tax Collection for FY 2021-22"},"content":{"rendered":"<p>ISLAMABAD: The Federal Board of Revenue (FBR) has collected PKR 81 billion in income tax from property transactions during the fiscal year 2021-22.<\/p>\n<p>This marks a 33% increase from the previous year&#8217;s collection of PKR 61.15 billion.<\/p>\n<p>According to the details, the taxes were collected through withholding tax on the sale, purchase, and transfer of immovable properties under Section 236-C and Section 236-K of the Income Tax Ordinance, 2001.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/fbr-exempts-builders-and-developers-from-renewing-their-annual-registrations\/\" target=\"_blank\" rel=\"dofollow\" class=\"uc59099031973744d6b698eca3cf86495\"><style> .uc59099031973744d6b698eca3cf86495 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .uc59099031973744d6b698eca3cf86495:active, .uc59099031973744d6b698eca3cf86495:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .uc59099031973744d6b698eca3cf86495 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .uc59099031973744d6b698eca3cf86495 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .uc59099031973744d6b698eca3cf86495 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .uc59099031973744d6b698eca3cf86495:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">FBR Exempts Builders and Developers from Renewing their Annual Registrations<\/span><\/div><\/a><\/div>\n<p>The tax collection under Section 236-C increased by 37% to PKR 16.62 billion, while the collection under Section 236-K increased by 32% to PKR 64.58 billion.<\/p>\n<p>It is important to mention that the government has provided substantial subsidies to the construction industry in the past year, including amnesty for FBR income sources and reduced taxes on immovable property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Federal Board of Revenue (FBR) has collected PKR 81 billion in income tax from property transactions during the fiscal year 2021-22. This marks a 33% increase from the previous year&#8217;s collection of PKR 61.15 billion. According to the details, the taxes were collected through withholding tax on the sale, purchase, and transfer of immovable properties under Section 236-C and Section 236-K of the Income Tax Ordinance, 2001. The\u2026<\/p>\n","protected":false},"author":2,"featured_media":9976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/property-tax.jpg",1000,561,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/property-tax.jpg",1000,561,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/property-tax.jpg",1000,561,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"FBR Reports 33% Increase in Property Tax Collection for FY 2021-22","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=9973","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/9973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=9973"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/9973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/9976"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=9973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=9973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=9973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}