Overview of 7E Deemed Rental Income Tax Implementation - Property Tax Pakistan

Pakistan has introduced the 7E deemed rental income tax to tackle undeclared rental income and encourage economic activity through property investments. The tax targets properties valued above Rs. 2.5 crores, excluding primary residences, business premises, and properties owned by non-resident expatriates. With a 1% tax rate on values exceeding the exemption limit, the measure aims to dissuade investment in non-income generating assets and stimulate the real estate market towards productive investments. The government advises property investors to seek professional advice to navigate potential market changes and tax liabilities effectively.


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TOPIC:

i) FBR Deemed Income Tax On Property

ii) Section 7e- Tax On Deemed Rental Income

iii) Tax On Deemed Property Income

iv) Property Tax In Pakistan 2024

v) Tax On Deemed Rental Income

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