FBR Exposes Tax Underreporting Among High-Value Property Owners in Pakistan as the country's real estate sector once again comes under the spotlight. The Federal Board of Revenue (FBR) has revealed widespread tax underreporting among high-value property owners and buyers during its latest data analysis. The findings, presented during discussions on the Finance Bill 2026-27, indicate that a...
Pakistan's real estate sector is witnessing another significant policy shift as the government moves to clarify the Capital Gains Tax (CGT) on inherited property in Pakistan through the Finance Bill 2026-27. The National Assembly Standing Committee on Finance and Revenue has backed a revised CGT regime designed to establish a fairer method of taxing inherited property sales. The proposed changes are...
NA Revises Tax Penalties for Filers and Non-Filers in Pakistan as the National Assembly (NA) moves forward with key tax reforms under the Finance Bill 2026-27. The latest changes are part of the government's broader effort to improve tax compliance, increase revenue collection, and bring more individuals and businesses into the documented economy. The revised measures include stricter enforcement rules,...
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