In the 2024-2025 budget, the IMF has demanded that Pakistan's Federal Board of Revenue (FBR) implement a tax on real estate to enhance revenue generation. This move aims to address the economic challenges and fiscal deficit.

The new tax policy will differentiate between filers and non-filers, with higher tax rates imposed on non-filers to encourage tax compliance and broaden the tax base. This measure is expected to impact real estate transactions and investor behavior, promoting greater transparency and accountability in the sector. For Complete Details watch this video.


#fbrtax #realestatetax #imfdemands
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