Announcement of a protest organized by the Property Dealers of Islamabad
ISLAMABAD, June 24, 2022- A protest was held in National Press Club Islamabad on 22nd June 2022 regarding the new tax laws implemented in the real estate sector.
Under the budget for 2022-2023, 15 percent CGT will be payable on properties valued more than PKR 25 million and beyond. Due to these new tax laws imposed, all the property dealers from the renowned real estate sector staged a protest in National Press Club Islamabad. The realtors claimed that it is unfair to the business community and demanded to reduce the imposed taxes on the property.
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