Higher Taxes on Property Buyers/Sellers as per New Government Plans
- Realestate
- May 29, 2023
Etihad Town in Lahore has officially revealed pre-launch details for its ambitious Phase III development. Positioned along the rapidly growing Jia Bagga Road, this new phase promises a blend of modern urban design, flexible financing, and top-tier amenities. Located next to Phase II and near LDA City, Phase III offers direct access to major routes
READ MOREThe federal government is planning to roll out a new low-cost housing scheme in the upcoming fiscal year, aiming to boost homeownership and inject life into Pakistan’s slowing real estate and construction sectors. Under the proposed budget for 2025–26, the government has allocated Rs. 5 billion as a subsidy to support affordable housing loans for
READ MOREIn a major reversal, the government has eased restrictions on non-filers, allowing them to make high-value purchases under revised conditions. Originally, the Finance Bill 2025 proposed strict bans preventing anyone with undeclared income from buying homes, cars, or making large investments. But after facing political and public pressure, the government has now scaled back the
READ MOREWelcome to Elk River, a premier gated community with its own private airport. An array of luxury real estate options awaits. From charming cottages to grand estate homes, there’s a perfect haven for everyone. Each residence offers awe-inspiring views of mountains, lakes, fairways, and more. Embrace an active lifestyle at Elk River Club, situated at
READ MOREThe government is considering implementing increased taxes on non-filers involved in the buying and selling of immovable properties, including trading files of plots in private housing societies. A move clearly aimed to document such transactions and prevent tax avoidance practices. Currently, private housing schemes often evade withholding taxes by conducting file transfers without paying taxes.
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