How Budget 2024 Will Impact Pakistan's Real Estate Sector

In this video, we explore the significant changes brought about by Pakistan's Budget 2024 and their impact on the real estate sector. We'll delve into key updates, including the introduction of slabs for withholding tax under sections 236K & 236C, flattened slabs for capital gain tax under section 37, and the removal of exemptions from capital gain tax for certain properties.

Key Points Covered:
- Introduction of new tax slabs and rates
- Increased transaction costs for non-filers
- New categories and tax rates for late filers
- The imposition of Federal Excise Duty on property allotment and transfer

We'll also discuss the broader implications of these changes:
- Short-term slowdown but long-term investment opportunities
- Enhanced focus on documentation and compliance
- Creating a level-playing field across the sector

Stay tuned for an in-depth analysis of these updates and how they could affect both investors and regular property buyers.

For detailed insights, check out the full video and don't forget to subscribe to our channel for more updates on real estate and tax policies.

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https://drive.google.com/file/d/1vyms...
   • Budget-2024-25|Pakistan|Sales Tax in ...  
   • Budget-2024-25|Pakistan|Sales Tax in ...