Withholding tax on buying & selling of properties is set to increase. The FBR is going to increase property valuations rates, which are used to calculate the withholding tax (236K for buyer & 236C for seller). Jazib Nelson unpacks this upcoming move by the FBR, if property market is going under from here, & how much increase in withholding tax we can expect for DHA Islamabad Rawalpindi properties.
Jazib Nelson: 03331117177
Chapters:
0:00 Intro
0:28 Increase in FBR rates
0:54 What is withholding tax on property
01:21 New tax proposal on property in budget 2024-2025
2:02 FBR vs. DC rates
2:59 Should you panic?
4:56 What this increase in property tax actuall means
06:38 Expected impact on DHA properties
Team Property Gupshup:
Edited by: Shamoon Gimbs Bhatti
Camera work by: Shamoon Gimbs Bhatti
Drone work by: Mohsen Malik/Hassan Ali Jaffery
Posted by: Hassan Ali Jaffery
Disclaimer:
The information contained in this video is not intended as, and shall not be understood as, financial advice. The views expressed in this video may change subject to new developments. We have done our best to ensure that the information provided in this video is accurate and provide valuable information. Nevertheless, the contents of this video shall not be considered recommendation. The viewer is suggested to carry out detailed research before taking any action.
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24 июн 2024
