Immovable property: DHA challenges imposition of FED ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General... Updated 30 Sep, 2024 09:28am
Print Disposal of immovable property: 15pc flat rate on gain proposed ISLAMABAD: Finance Bill 2024 has proposed a flat rate of 15 percent on gain from disposal of immovable property... Updated 24 Jun, 2024 08:41am
Business & Finance FBR penalises IR officer for causing revenue loss ISLAMABAD: The Federal Board of Revenue (FBR) has penalized an Inland Revenue officer, who caused revenue loss by... Published 08 Jun, 2024 07:00am
Business & Finance Immovable property between spouses: Commissioner IR fails to charge capital gains tax LAHORE: The Commissioner Inland Revenue, RTO-lI Lahore, has failed to establish chargeability of capital gain on... Published 04 Jun, 2024 06:28am
Print SECP proposes FBR to align rates of capital gain tax on sale of immovable property ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed Federal Board of Revenue (FBR) to... Updated 31 May, 2024 08:58am
Markets Tax proposals: PBC calls for ‘out of box solutions’ The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged... Updated 20 May, 2024 08:06pm
Print ‘The Federation, in light of Entry 50, cannot tax the capital value of immovable property at all’ ISLAMABAD: Advocate Raashid Anwer argued that the federation, in light of Entry 50, could not tax the capital value... Updated 28 Mar, 2024 09:38am
Markets Listed securities: PSX for bringing CGT rates in line with CGT rates on sale of immovable property KARACHI: Pakistan Stock Exchange (PSX) has proposed that Capital Gain Tax (CGT) rates on listed securities be ... Published 16 Mar, 2024 06:26am
Pakistan PHC strikes down legislation to tax immovable property The Peshawar High Court (PHC) on Wednesday struck down an “impugned” legislation that imposed taxes on immovable... Published 14 Feb, 2024 11:37pm
Editorials Theft of FBR tax revenue EDITORIAL: Is it really a surprise that FBR’s “first-ever electronic tax audit of immovable property” has... Published 23 Dec, 2023 06:16am
Business & Finance Rural & urban properties: Introduction of uniform stamp duty in Punjab likely LAHORE: The Punjab government is planning to introduce uniform stamp duty and mutation fee rates for rural and urban... Published 18 Jul, 2023 05:51am
Print Time is not essence of contracts relating to immovable property: LHC LAHORE: The Lahore High Court held in its recent judgment that it is a well-settled principle of law that time is ... Updated 07 May, 2023 09:48am
Print Immovable property: Treating market value as income is beyond competence of FL: LHC ISLAMABAD: The Lahore High Court (LHC) ordered to treat the market value of immovable property as income under Entry... Updated 08 Apr, 2023 01:48pm
Print Real estate owned by overseas Pakistanis: UAE authorities do not share info ISLAMABAD: The tax authorities of the United Arab Emirates (UAE) have shared only twice financial information... Updated 09 Feb, 2023 08:48am
Opinion Taxation of immovable property The National Assembly through the Finance Act 2012 amended section 37(5) of the Income Tax Ordinance, 2001 [“the... Updated 27 Jan, 2023 11:36pm
Pakistan DGIP will now report to FBR member ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Directorate General of Immovable Property to now... Published 29 Jul, 2022 06:14am
Print Immovable property: FBR directed to link valuation with financial year ISLAMABAD: The Senate Standing Committee on Finance, Friday, directed the Federal Board of Revenue (FBR) that... Updated 19 Feb, 2022 11:32am
Pakistan New valuation of immovable property: Senate body seeks withdrawal ISLAMABAD: A meeting of the Senate Standing Committee on Finance has sought withdrawal of new evaluation of... Published 07 Dec, 2021 06:29am