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IMF reduces Pakistan's property purchase withholding tax by 2%, effective April, to ease buyer costs.
The IMF has agreed to reduce the withholding tax on property purchases in Pakistan by 2%, effective April 2025, to ease costs for buyers.
While the Federal Excise Duty on buyers will also decrease, seller tax rates remain unchanged.
The IMF also approved a reduction in the FBR's tax collection target for March by Rs60 billion, considering upcoming holidays.
These decisions aim to finalize a Memorandum of Economic and Financial Policies and reach a Staff Level Agreement with the IMF by early April.
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El FMI reduce el impuesto a la retención de la compra de propiedades en Pakistán en un 2%, con efecto a partir de abril, para aliviar los costos del comprador.