The latest tax relief measures introduced by the Capital Development Authority have sparked renewed interest in Pakistan’s property sector. By lowering key charges and simplifying transactions, this policy shift is being seen as a positive step toward strengthening the real estate market and attracting both local and overseas investors. As property costs continue to influence buying decisions, such...
In a major development for Pakistan’s real estate sector, the PRA Tribunal has granted a much-awaited sales tax exemption on the sale of developed plots in Punjab. This landmark decision has provided significant real estate tax relief to property developers, clarifying a long-standing legal ambiguity under the Punjab Sales Tax on Services Act 2012. The ruling not only relieves developers from an...
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