Tax Exemption on Agricultural Property on Sale-Transfer: FBR Announces

In a recent news spared out from the Federal Board of Revenue, the FBR has issued circular number 3 of 2023. Clarifying the application of section 7E on farmhouses. Under this circular, Tax Exemption on Agricultural Lands on Sale-Transfer will be applicable. The tax exemption validates on agricultural property used for farming activities under the provisions of section 7E of the Ordinance. This exemption applies to self-owned agriculture property and excludes farmhouses and associated immovable property constructed on agricultural land.

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Adapting Commercial Spaces for Remote Work

In recent years, the global business landscape has witnessed a remarkable transformation in the way work is conducted traditionally. The advent of remote work has transcended geographical boundaries, Adapting Commercial Spaces for Remote Work. One of the key challenges in managing such projects is to find a suitable space that fosters collaboration, communication, and efficiency. Nexthome.pk explores the sources of getting a commercial building on rent for remote work international projects. Read more “Adapting Commercial Spaces for Remote Work”