Tax System in Pakistan
The tax system in Pakistan is a complex and ever-changing system that is designed to raise revenue for the government. The system is made up of a variety of taxes, […]
Understanding Property Income Tax in Pakistan: Allowed Deductions for Individuals
In Pakistan, property income is subject to taxation under the Income Tax Ordinance, 2001. Property income includes rent received from letting out a property, income from sale of property, and […]
A Guide to Property Taxes in Pakistan
Property taxes are an integral part of Pakistan’s taxation system. They are levied on immovable property, such as land, buildings, and other structures, and are a vital source of revenue […]
A Guide to Understanding Property Taxes in Pakistan
When it comes to owning a property in Pakistan, it is essential to understand the different types of taxes that are applicable. From Capital Gain Tax to Deemed Rental Income […]
Understanding the Impact of Property Taxes in Pakistan
The property sector in Pakistan has been booming for years, with investors earning substantial profits from buying and selling real estate. However, in 2022, the government implemented a series of […]
Understanding the New Property Taxes in Pakistan
The Pakistani government has implemented new taxes on the property sector in the Financial Year 2022. The aim of these taxes is to discourage people from investing in the property […]