Uniform tax rate suggested on rental income

KARACHI: The tax rate on rental income should be made uniform for individual, Association of Persons (AOPs) and company at 15 percent. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in... Read more »

Tax collection from rental income surges by 68% on better enforcement

KARACHI: The collection of tax from property income surged by 68 percent during first eight months (July-February) 2019/2010 of current fiscal year owing to better enforcement against persons rented out immovable properties. Read more »

Tax slabs increased for rental income from properties

KARACHI: The government has revised tax slabs for rental income from property to eight from five. Read more »