The federal government has decided to impose a capital value tax on farmhouses and large residential houses in Islamabad, Headline PK reported.
According to the Finance Bill 2024-25, a capital value tax of Rs5 lakh will be levied on farmhouses ranging from 2,000 to 4,000 square yards. Farmhouses exceeding 4,000 square yards will be taxed Rs10 lakh.
Additionally, residential houses between 1,000 and 2,000 square yards will incur a tax of Rs10 lakh. For houses larger than 2,000 square yards, the tax will be Rs15 lakh, as stipulated by the Finance Bill.
The Karachi Water and Sewerage Corporation (KW&SC) has begun expedited work to replace a deteriorated…
Pakistan’s gaming and animation ecosystem enters a transformative phase as the Centre of Excellence in…
A multi-platform outage struck earlier today, triggered by service issues at content delivery network (CDN)…
Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…
First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…
A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…
This website uses cookies.
