Tax exemptions

FBR and real estate market

FBR Provides Relief to Punjab’s Real Estate Market

Punjab's Real Estate Market Gets Relief From FBR LAHORE: According to the Federal Board of Revenue, persons involved in the real estate sector in Punjab are exempt under Section 7E.  (As reported by the news source) Section 7E of the Income Tax Ordinance, 2001 has been informed of a partial amendment by the Federal Board of Revenue (FBR). The current budget includes a 1% tax on the purchase,...

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