New Tax Reforms in Pakistan and Their Effects on Real Estate—Budget 2022-23
After commotions and chaos, a much-awaited, hot-debated budget for 2022-23 is out there to create a kerfuffle in Pakistan. Especially its fluttery reaction from the real estate interested community in Pakistan. The budget for the fiscal year 2022-23 does bring no good news for the real estate of the country. A lot of people are concerned about the heatwave of tax on the property. To better understand the real estate influence of taxes after the release of Budget 2022-23 on real estate, Next-Home has analyzed, with the help of our real estate analysts, how the real estate sector will have to sustain. So, we have categorized the real estate sector into three sections. The Government has tried somewhat the same as well.