The real estate sector of Pakistan was the most overburdened and overtaxed, but with the latest reforms in sight, there is a sigh of relief. The government has reduced withholding taxes on property transactions, abolished the Federal Excise Duty (FED) on the transfer of plots, houses, and commercial properties, and introduced incentives for low-cost housing...
The federal government is considering proposals to provide relief in Pakistan Telecommunication Authority (PTA) mobile phone taxes for overseas Pakistanis, following repeated concerns raised by expatriates over high registration costs. Speaking during a Senate session, Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry said overseas Pakistanis have consistently highlighted the issue during conventions and official...