Real Estate Sector Welcomes Advance Tax Reduction, Section 7E Removal: Syed Sadat Hussain Shah 

Real Estate Sector Welcomes Advance Tax Reduction, Section 7E Removal: Syed Sadat Hussain Shah 

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Speaking in the Daily News program Today’s Focus, government social and political analyst Syed Sadat Hussain Shah said that although the government has announced relief measures in the budget, concerns remain among the public regarding taxes and Section 7E.

He stated that the government should formulate policies that encourage youth development, as young people are the country’s future. According to him, attracting investment and creating employment opportunities are essential for economic growth.

Sadat Shah emphasized that tourism can play a vital role in strengthening the economy and that Pakistan possesses immense tourism potential. He added that the government should take practical steps to promote tourism and attract both local and foreign investors.

Commenting on recent budget measures, he noted that issues related to rental estate taxation, certain regulatory restrictions, and Section 7E have caused anxiety among citizens and investors. He urged policymakers to address these concerns so that business confidence can improve.

He further said that sustainable economic progress requires long-term planning, investment-friendly policies, and effective implementation of development initiatives. Pakistan can achieve lasting growth if the right measures are taken to support investors and economic activity.

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