IMF Rejects Pakistan FBR Request To Reduce Transaction Taxes For Property Sector

The International Monetary Fund (IMF) has officially rejected the Federal Board of Revenue’s (FBR) request to reduce transaction taxes for the property sector, as reported on March 24, 2025. Initially, there were indications that the IMF might agree to a 2% reduction in the withholding tax on property purchases starting April 1, 2025, contingent upon formal approval. However, the IMF has now
The International Monetary Fund (IMF) has officially rejected the Federal Board of Revenue’s (FBR) request to reduce transaction taxes for the property sector, as reported on March 24, 2025. Initially, there were indications that the IMF might agree to a 2% reduction in the withholding tax on property purchases starting April 1, 2025, contingent upon formal approval. However, the IMF has now
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