Budget 2024-2025: Real Estate Tax Updates

The 2024-2025 budget focuses on real estate with key changes:
Capital Gain Tax: Now a flat 15% for filers and 45% for non-filers, instead of the previous decreasing slabs.
Withholding Tax (236C and 236K): Minor changes with rates up to 4% for properties above 10 crores. A new segment for late filers has higher rates.
Federal Excise Duty (FED): A proposed 5% duty on new developments and projects, targeting previously untaxed files.
These proposals are not final and will require parliamentary approval. Filers have little to worry about, while non-filers face higher rates, emphasizing tax compliance.
For questions, feel free to ask.
#Budget2024 #RealEstateTax #TaxUpdates #PakistanBudget #CapitalGainTax #WithholdingTax #FederalExciseDuty
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Пікірлер: 18

  • @juttestate
    @juttestateАй бұрын

    JAZAKALLAHA ❤ JUTT ESTATE GULBURG LAHORE PAKISTAN

  • @engralambangash
    @engralambangashАй бұрын

    👍

  • @Jatt1979
    @Jatt1979Ай бұрын

    Non filers ko chahiye generals,politicians aur burecrates ki tareh Dubai aur london me property purchase karein aur moj karein

  • @SaudiKsa-115
    @SaudiKsa-115Ай бұрын

    nice vid

  • @faithpakistan2512
    @faithpakistan2512Ай бұрын

    Thanks for the Pakistan Real Estate Tax Update ❤

  • @ahmedhaider9526
    @ahmedhaider9526Ай бұрын

    Key Notes : 🏘 Real estate tax proposals in the budget are subject to feedback and approval. 💰 Capital Gain Tax is now at 15% for filers, and 45% for non-filers, a significant change. 💸 Capital Gain Tax applies for the entire lifetime, impacting property transactions. ⚖ Holding tax on properties up to 5 crores remains at 3%, with no changes. 📑 A new segment for late filers with increased tax rates from 5M to 50M. 📊 Tax rates vary based on property value, with different slabs for price ranges. 🏢 Minor tax increases in filing procedures, but no major differences.

  • @samiullahkhanabdali121
    @samiullahkhanabdali121Ай бұрын

    Very positive approach. Are these taxes are applicable on DHA & Bahria?

  • @Jatt1979
    @Jatt1979Ай бұрын

    Non filers jo hein wo filers se ziada tax dete hein her cheez per.80 % filer to apni income wese hi show 600000 se kum show ker ke tax return file ker dete hein aur koi income tax nehi dete aur jo filer aur non filer per tax difference he us se bi faida uthate hein.sirf bechare job wale phaste hein kyun ke un ka tax advance me hi cut jata he is lie un ke paas koi option nehi hota.koi bi pakistani tax nehi dena chahta kyun ke us ko pata he us ka tax corrupt politicians,generals aur burecrates ne kha pi jana he.mera tax bi salary se cut hata he lekin mere bache private school me perte hein.medical treatment mujevprivate hospital se kerwani perti he.security guard me ne khud rakha hua he.paani tuk bi purchase kerna perta he.pakistan me tax dena haraam kerne ke equal he is per fatwa aana chahiye kisi parhe likhe aalim se .

  • @muhammadshahid-pd5wt
    @muhammadshahid-pd5wtАй бұрын

    Thanks sir for guide ❤

  • @jabranrana6778
    @jabranrana6778Ай бұрын

    Some people are filers but they pay 0 tax

  • @akbarjawad4744
    @akbarjawad4744Ай бұрын

    Yeh tax kin pay apply ho ga, jo abhi purchase ya sell karain gay, ya jinhon nay pehlay plots purchase kiye aur ab sell karain gay tu capital gain tax pichlay hisaab say pay ho ga ya is new qanoon kay mutabiq ho ga...

  • @tahirnaeem9071
    @tahirnaeem9071Ай бұрын

    Don’t compare other part of world

  • @tahirnaeem9071
    @tahirnaeem9071Ай бұрын

    Dha tax free 🆓 😅

  • @ShahzadAhmad-ir5qp
    @ShahzadAhmad-ir5qpАй бұрын

    Patwari ???

  • @asadurrehman1747
    @asadurrehman1747Ай бұрын

    Who says that non filers don't pay tax,if it is true then how transactions are done,it is fault of your system,

  • @manzoorshahid671

    @manzoorshahid671

    Ай бұрын

    Then why don’t they file their IT return

  • @IrfanAlizai
    @IrfanAlizaiАй бұрын

    Awam har chiz mein tax deti hain.... Grocery mein tax , resturant mein tax , medicine mein tax etc each and everything mein tax awam deti hain... Govt relief kon si deti hain.... Hospital , schools , security etc.... Hm sb khud pay krte hain... Govt tax payers ko relief kia de rhi hain.... Filers ko private idharon mein jo tax payers paisa lagate hain... Unn mein relief dein... Baqi jo chizein main ne ghinwein hain.... Unn mein relief dein... Warna kisi ne filer ni bnana

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