2021

GAIN ON DISPOSAL OF IMMOVABLE PROPERTY (SECTION-37) FBR 2021

A separate block of taxation of capital gain on the sale of immoveable property is available under the Ordinance. The gain arising on the disposal of immovable property for more than 4 years, is not taxable. The capital gain arising on the disposal of immovable properties is taxable to extent of 100%, 75%, 50% and 25%, if property is sold within 1, 2, 3 and 4 years respectively. The gain so calculated...

YOUM E TAKBEER

28th MAY YOUM E TAKBEER Pride of Nation DAY May 28 is celebrated as Youm-e-Takbeer, which translates to the day of greatness—greatness not only because of the significant scientific achievement. Pakistan’s development of advanced military technologies, focus on nuclear diplomacy, and commitment to preserving the balance of power - are all examples of the country’s scientific, diplomatic,...

ALL THAT YOU WANT TO KNOW ABOUT LAHORE DOWNTOWN PROJECT

Downtown Mall It is not wrong to state that Lahore is almost out of land for horizontal stretches and new residential communities boasting larger homes. If we talk about suburbs, all of us must have experienced the expansion’s toll on our agricultural resources, food prices, and the shortage of open spaces. The conversion of fertile lands into the housing schemes has not just deprived us of the...

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