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Some Good News For Real Estate Sector
According to the details, the SECP recommended removing the anomaly by aligning CGT rates on securities with those on immovable property in the budget proposals for the upcoming fiscal year (2024-25) . This move aims to eliminate tax-driven distortions between different asset classes and encourage documentation of real estate transactions. Specifically, the SECP proposed removing the flat CGT rate of 12.5 percent applicable to securities acquired between July 1, 2013, and June 30, 2022. Instead, gains on such securities would be subject to the same rates as those acquired after June 30, 2022. This adjustment is expected to ease speculative pressure on real estate prices in Pakistan, where much undocumented wealth is currently invested.

10 Marla house for sale
Sabzazaar Town Khanpur
Single Storey
Rooms 4
TV Loung 1
Garage1
Wasroom 3 Attached

Firsrt floor
Room 1
Washroom 1
Barsati
Demand 1.20 Cr