New salary tax slabs 2022-2023 were introduced in the budget for the fiscal year 2022-2023. The former finance minister proposed a raise in taxes for people with higher incomes while an exemption was given to low-income individuals. The government reduced the tax rate from 5% to 2.5% for individuals with[...]

Pakistan Budget 2019-20 brings structural reforms into the real estate tax system with an aim to bring real estate economy into the tax net. Will the tax reforms bring government some more taxes and will push the sector towards greater transparency; or will it overburden property buyers and sellers with more[...]