US EditionPakistani Govt Plans to Increase Capital Gains Tax on Property
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Pakistani Govt Plans to Increase Capital Gains Tax on Property
The Pakistani government is considering a significant increase in the Capital Gains Tax (CGT) on real estate transactions, raising the rate from 15% to 35% in the 2025-26 fiscal budget. This move aims to align property taxation with corporate tax rates and boost revenue collection. This decision is being considered after a virtual meeting between the IMF and the government over the fiscal budget. To integrate the IMF’s policies, the government …
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