Govt facilitates the construction sector by lowering capital value tax rate: Dr Firdous

December 6, 2019 (MLN): Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said on Friday that more facilities are being provided to the construction sector. In addition to lowering the capital value tax rate, the issuance of e-statement paper is also being implemented.

In a series of tweets, she said permission letters and no-objection certificates are being reduced which would help promote the construction sector and create job opportunities for the people related to this field.

In the line of these tweets, she said the Prime Minister is committed to building houses for the poor segments of the society under the Pakistan Housing Scheme Programme.

She said that implementation of fixed tax at the stage of the sale of the houses and exemption of taxes on construction material at the time of construction would prove a milestone in the promotion of the construction sector.

She said that time is not far off when the poor segments of the society would get their own houses as the hurdles in the construction of houses are being removed.

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Posted on: 2019-12-06T15:51:00+05:00