Professional guidance for property registration, taxation, investment due diligence, real estate compliance, and property transactions across Pakistan.
Assistance with transfer, registration, documentation, and legal compliance.
Expert guidance on tax implications for buyers, sellers, and investors.
Verification and risk assessment before purchasing any property.
Dedicated consultancy for overseas property owners and investors.
The 1% annual deemed income tax on immovable property has been completely removed.
Active filer sellers now pay a flat 2.75% advance tax on gross sale consideration.
Active filer buyers now pay a flat 1.25% advance tax on fair market value.
Enhanced tax rates for late filers have been abolished.
The 1% annual Capital Value Tax on overseas assets has been withdrawn.
Cost basis for inherited property is now FMV on the date of death.
Transfers among legal heirs are now treated as non-taxable disposals.
FCVA and NRVA account holders may qualify for exemption from NTN registration and return filing requirements.
Taxes under Sections 236C and 236K remain adjustable advance taxes. Taxpayers should continue filing annual tax returns to claim and adjust these credits.
Provincial stamp duties, capital value taxes, transfer fees, and registration charges remain unchanged.