Pakistan delays tax relief for real estate due to IMF restrictions on subsidies and amnesty.

Pakistan's Prime Minister Shehbaz Sharif has delayed a decision on a tax relief package for the real estate sector due to disagreements over subsidies and tax amnesty. The International Monetary Fund's restrictions on tax amnesty are complicating efforts to boost the sector. The Housing Sector Task Force proposed lowering property taxes and providing interest subsidies for home loans, but these measures are on hold as officials seek to meet IMF conditions.

5 weeks ago
3 Articles