Pakistan 2025_26 Budget: A New Regulatory and Tax Framework for Real Estate in Pakistan

The Pakistani government has implemented significant changes to real estate taxation in its latest budget to comply with conditions set by the International Monetary Fund (IMF) for a crucial bailout package.

This drawing describes the house plan or house naqsha for 120 Sq Yards | 1080 Sq Feet | 4.8 Marla House

The current construction sector Tax Amnesty Scheme will be ended on Thursday 31st Dec 2020. However, The Federal Government of Pakistan is considering to extend this scheme for the construction sector for another three to six months.

The Association of Builders and Developers (ABAD) has expressed concern over the sudden rise in steel bar and cement prices, calling the move a conspiracy to destroy the Konya Pakistan housing scheme and the country's economy.

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According to the news on the 17th day of Apr,2020 The Federal Cabinet has approved the incentive package for construction industry. A fixed tax regime is being introduced for builders and land developers under the ordinance.

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