Finance Minister to consider relief in capital gain tax

MG News | June 21, 2022 at 03:40 PM GMT+05:00

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June 21, 2022 (MLN): Federal Minister for Finance and Revenue Mr. Miftah Ismail assured the delegation of the DHA Estate Agents Association headed by Chief Patron Mian Irfan Asad to consider the relief in terms of capital gain tax, a press release said today.

The delegation discussed the proposed taxes on real estate and presented suggestions for the promotion of economic activities in Pakistan.

The finance minister directed the FBR to formulate a separate mechanism for facilitating the non-filers overseas Pakistanis to revive business activities in the economy.

The finance minister highlighted the proposed taxes on real estate and emphasized the real estate sector to contribute to the economic development of Pakistan, it added.

The finance minister assured the delegation that government will consider their proposals for the economic betterment of the country. The delegation thanked the finance minister for his cooperation and support.

The delegation also included Senior Vice Chairman Mr. Umar Afzal, President DHA EAA Mian Talat, General Secretary DHA EAA Mr. Sarfraz Hussain, and others.

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