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Assurance of Tax Relief for Realtors Through Special Provision

Announcement of giving tax relief to property dealers in Islamabad.

ISLAMABAD, June 24, 2022- According to Finance Minister Miftah Ismail, realtors and non-resident Pakistanis will receive tax relief, (NRPs). The relief will be provided in terms of Capital Gains Tax on real estate assets of non-resident Pakistanis.

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In Islamabad, there was a meeting between the finance minister and the Estate Agents of the Defense Housing Society on June 21, 2022. A special delegation of DHA Estate Agents asked the finance minister to take into account revisiting the current tax on realtors and enacting new regulations to assist the realtors, who are vital to the country’s economy.

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The delegation’s requests were heard by Miftah Ismail, and he gave them the assurance that the government would take necessary action to give tax relief to realtors.

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You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

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Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

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