Pakistan forms committee to tackle tax evasion and economic issues in real estate.
Pakistan's National Assembly has set up a sub-committee to address tax and economic issues in the real estate sector. The committee aims to impose restrictions on undeclared assets and tax evaders, targeting property developers and high-income individuals. The FBR and stakeholders will review the proposed tax amendment bill, which could affect property transactions and economic activities. The committee also urged simplifying the tax registration process and ensuring consultation with all stakeholders.
2 months ago
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