Naya Pakistan Housing Scheme Largest Tax Relief Package For Construction Industry 2020

Prime Minister of Pakistan has announced the “Awam Dost” largest relief package for the construction industry of Naya Pakistan Housing scheme 2020.


Fixed Tax Regime For Builders & Developers


♣ 90 % relief in fixed tax in the housing projects

♣ Without withholding tax to buy construction retrials and services

♣ Import of Plant and Machinery, the construction profession changed into Industry


One time relief from Capital Gain Tax


♣ For the selling of house 500 Sq yards or flat 4000 sq foot

♣ Free from property investigation, in case of buying plots/buildings and investing money into new construction projects

♣ Advance tax has been decreased upto 50%


Huge Advantages for Construction Industry


♣ Rs. 3 Lac subsidy on first one lac house

♣ Debt on 5% Markup on 5 marla house

♣ Debt on 7% Markup on 10 marla house

♣ All the banks have been fixed the amount of 330 billion rupees

♣ Web Portal has been introduced for the processing of NOCs

Naya Pakistan Housing Scheme Largest Tax Relief Package For Construction Industry 2020

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