Taxes on real estate, whether it be a home, business, plot of land, or flat, are payable in Pakistan. This tax is collected annually by the government and used to improve various public services, such as roads, drainage, schools, and more.
This year’s budget is smaller than last year, but the government has spent more on defense, loans, and support for poor families. At the same time, it has reduced spending on some projects and government departments to control the deficit and follow IMF rules.
The federal government has shared the budget for the year 2025–26. It includes many important changes in taxes, pensions, and real estate. The goal is to collect more tax fairly, help the economy grow, and reduce the government's financial burden. Finance Minister Muhammad Aurangzeb announced these updates in his budget...
(April 2025) – It is a significant step to support the real estate sector in Pakistan. The government has decided to remove the Federal Excise Duty (FED) on property purchases.
Discover the latest 2025 IMF-backed property tax reforms in Pakistan, including cuts and policy changes, and learn how they impact real estate professionals.
Pakistan's federal government is considering decreasing the tax burden on salaried persons in the coming year's budget. This decision comes after a sharp rise in income tax collections from salaried employees. In the first seven months of the current fiscal year, income tax contributions from this sector reached PKR 285...