Stamp Duty , DC Rates , Member Ship fee , Transfer Expenses Dha Lahore, News Update Respected Clients It is once again clarified for the worthy members that 10% Capital Gain Tax is not to be paid at the time of sale or purchase of property. This Tax is on profit on sale and is to be paid with income at the time of annual income tax return. Few Initial Points of Successful meeting between Dealers associations and Govt. Holding Period is 3 years. CGT for 1st Year is … [Read more...]
Property Tax , Dha Lahore Real Estate Market Latest News Updates ,Amendment in Section 68 of ITO 2001
Property Tax , Dha Lahore Real Estate Market Latest News Updates , Amendment in Section 68 of ITO 2001Written By: Kashif Anwar , Amendment in section 68 of Income Tax Ordinance 2001 will have its long term impacts and people especially filers will have to face the consequences after one year. The purpose of this amendment is to document the black money involved in property and construction industry business which will result in the enhancement GDP of the economy. First of all it must … [Read more...]