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.
inDrive, a global mobility and urban services platform, has joined hands with Essa Labs to…
tapmad Entertainment has cemented its position as a pioneer in Pakistan’s digital entertainment space, not…
Airblue, one of the country’s leading private airlines, has announced a 14% discount on selected…
The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…
From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…
Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…
This website uses cookies.
