FBR provides incentives for builders and developers May 2020

FBR provides incentives for builders and developers May 2020

Let’s build a way for national prosperity

The innovative incentive package for the construction industry by the Government of Pakistan. Commitment to activities and opportunities in over 40 economic sectors

FBR provides incentives for builders and developers

  • 90% off tax on financing in Naya Pakistan Housing Scheme.
  • Sources of investment in the construction sector are not investigated.
  • Fixed tax regime; tax to be paid in quarterly instalments.
  • Easy and simple tax registration.
  • Exemption of income tax and capital Gain tax for builders and developers.
  • One-time tax exemption on capital gains when selling private accommodation up to 500 square yard house or 4000 square feet apartment.
  • Exemption from withholding tax on building materials and services (excluding cement and steel)

admin

Related posts

The Prime Minister said that the Second Phase of CPEC will be Agreed Upon Soon

The Prime Minister announced that China and Pakistan will soon sign the China-Pakistan Economic...

Continue reading
by admin

CDA Imposes a Property Tax of up to Rs. 0.4 Million for Landowners

Recently, the Capital Development Authority (CDA) declared the roll-out of new taxation measures...

Continue reading
by admin

CDA Fake Plot Allotment Under Investigation – Establishment Division

The Capital Development Authority attracted attention as many officials in various departments...

Continue reading
by admin

Join The Discussion