Pakistan real estate booms and busts Since the dawn of 21st century, real estate sector has played a prominent role in our national economy. Pakistan has witnessed two property booms and busts since 2000. Let’s discuss the reasons behind these…
Pakistan real estate construction sector is stagnant Pakistan real estate construction has always played a major role in national economy, as Pakistan is a developing nation and needs new residential areas & commercial centers for its booming urban population. But,…
Benefits of living in a home The choice of living in an apartment or a house solely depends on one’s requirements and financial circumstances. Both houses and apartments are good for living with certain advantages. Here we discuss the advantages…
Property market situation after tax amnesty scheme Recently government has passed the tax amnesty scheme bill for real estate sector. This bill is passed to ease the realtors’ pressure and also to bring investments back to Pakistan property sector. According…
Supreme Court is requested to ban amnesty scheme Government imposes Income Tax Act 2016 (06-12-2016) The Federal government has imposed the Income Tax (Amendment) Act 2016 across the country. Parliament approved tax amnesty scheme for real estate sector on 30th…
Property taxes after real estate amnesty scheme Government has approved tax amnesty scheme for real estate sector. Non-filers have to pay additional 3% tax to become filer or in other word to whiten the black money. Changes in property taxes…
After shocks of property tax amnesty scheme Tax amnesty scheme for real estate sector approved National Assembly has finally approved a tax amnesty scheme for real estate sector on Wednesday, 30-11-2016. According to this property amnesty scheme, people have to…