future of real estate taxation

future of real estate sector fore pakidstan

The Future of Real Estate Taxes in Pakistan: Strategic Reforms Ahead

1. Why Change Is Necessary Pakistan's real estate sector accounts for roughly 3.5% of GDP, with real growth at 3.7%, outpacing manufacturing, highlighting its importance and potential for tax revenue, e-republicpolicy.com. Yet, despite its significance, revenue from property-related taxes remains limited: only 6.7% of federal income tax revenues and less than 1.5% from urban property tax revenue....