Latest Dha Lahore Property News Updates
Salient features of -Construction Sector Package announced by Prime Minister
-No questions asked on source of income for people who will be investing in reals estate till Jun’20.
-Introduciton of fixed Tax Regime for builder and developers. Tax shall be calculated based on the basis of per sq. foot construction and per sq. yard land development for builder and developers.
-Tax rates to be reduced by 90% in case of low cost housing or projects developed under Naya Pakistan Housing
-Builders and developers not required to withhold tax on purchase of building material except for cement and steel
-Sales tax on construction services to be reduced to 2% in KPK and Punjab
-Sales of house by family will have no capital gains tax exemption till June 2022
-PkR30bn subsidy for Naya Pakistan Housing Scheme
-Construction sector to have the status of an industry
-Construction industry Development Board to be set ups
ChohanEstate (DHA Authorized Company) Buy/Sell/Rent Property/House, in DHA Lahore, Call Faraz 0321-4000646 For Property Rates Check https://dharealestate.pk