Sunday, 8 December 2024
Trending
Amnesty-Scheme-Builders-Developers
UPDATES

Tax amnesty scheme for builders and developers ending at December 31 2020

Tax amnesty scheme already announced for builders and developers for construction of housing projects is going to end as at December 31, 2020.

Complete procedure to get registration under the said tax amnesty scheme is available under Section 100D of Income Tax Ordinance, 2001.

Salient Features of Scheme for Builders and Developers Under Section 100D of Income Tax Ordinance 2001.

List of exempted sectors from section 111 of the Income Tax Ordinance 2001, on investment made in new construction projects.

Exemption from Section 111 on purchase of plot and building on the conditions of:

List of persons for whom Exemption from section 111 is not available for:

Read out all above mentioned items from the below attached post link:


Progress of the construction package.

See also  FBR Extends Deadline for Filing Sales Tax and FED Returns

90% Tax Relief on low cost housing projects.

Applicable to land builders, developers & new/existing industrial / development projects.

Changes in tax laws.

Read out all above mentioned items from the below attached post link:

Construction-Industry-PM-Tax-Exemption-PAckage

FBR announced to give 90pc tax exemption on low-cost housing projects


“The growth of several allied industries has been linked to the growth of the construction sector and all favorable policies will help the allied industries to grow and play a significant role in strengthening the economy,”

SAARC-CCI President

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

tax-accounting-services-top-tax-consultants-lahore-pakistan
Ads:

LATEST POSTS

See also  Development authorities banned from doing business with unregistered real estate agents

PREVIOUS POSTS

CATEGORIES

NEWS FEEDS – www.TaxUrdu.com

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: