09/06/2026
New market update:
Federal Budget 2026-27: Major tax relief is on the horizon for Pakistan's real estate sector!
Reports suggest significant reductions in transaction taxes for documented property deals and tax filers. This could be a game-changer, boosting market activity and investor confidence.
Highlights:
• Proposed reduction in withholding tax on property purchase (Section 236K) from 1.5% to 0.25% for filers.
• Proposed reduction in withholding tax on property sale (Section 236C) from 4.5% to 1.5% for filers.
• Government reportedly in discussions with the IMF regarding these proposed changes.
This potential relief aims to lower upfront costs, encourage documented transactions, and stimulate the property market.
https://manahilestate.com/news/budget-2026-27-real-estate-tax-relief-pakistan/?utm_source=facebook
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