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The Federal Board of Revenue (FBR) has announced a significant change to the property capital gains tax regime. As of July 1, 2024, the holding period requirement for capital gains tax on properties has been removed. This means that all profits derived from the disposal of immovable property in Pakistan will be taxed as capital…
The Federal Board of Revenue (FBR) has announced a final deadline of September 30 for submitting income tax returns for the financial year 2023-24. This deadline is crucial for all taxpayers, as failure to meet it will result in legal action and penalties. Individual filers who miss the deadline will face a minimum penalty of…
Owning a home is a keystone of wealth… both financial affluence and emotional security.