finance bill

Revised Capital Gains Tax explained by FBR

July 31, 2019

Islamabad:      The Federal Board of Revenue (FBR) issued a circular on Tuesday explaining all revisions brought into the Income Tax Ordinance, 2001 through Finance Bill, 2019. According to the circular, prior to Finance Bill, 2019, the capital gains tax (CGT) on immovable properties was levied separately on the basis of[...]