Islamabad: Finance Minister Asad Umar has confirmed the introduction of a new Tax Amnesty Scheme by Pakistan Tehreek-e-Insaaf (PTI) government.
The amnesty scheme is being introduced to encourage people to declare their assets in the country and abroad. Still under process, the amnesty scheme will be launched before the upcoming budget.
The government has also planned to increase property evaluations for tax purposes to real market rates. This will once and for all reduce tax rates. The change implementation will start from Punjab, Khyber- Pakhtunkhwa (K-P) to the federal capital. It may be extended to Sindh and Balochistan.
Finance Minister also announced the opening of property transactions to non-filers, effective from July 1 onward. This would bring them into the tax net.
In the meeting, matters regarding defence expenditure, tariffs and policy choices for economic betterment were also discussed.
For news and updates keep on visiting Graana blog
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…
Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
