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The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Corporate Income tax rates Currently, the Corporate Income tax rate is 29% for tax year 2019 and onwards whereas the corporate tax rate is 35% for Banking Industry for TY 2019. Income Tax on Export of Services, in Pakistan is 1%. However, export ...
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
Property taxes are levied by either state government or local civic bodies. Property tax or 'house tax' is a local tax on buildings, along with appurtenant land. It is imposed on the Possessor (not the custodian of property as per 1978, 44th amendment of the constitution). It resembles the US-type wealth tax and differs from the excise-type UK ...
Self-enumeration Portal (SEP) is a nation-wide digital census's data collection process and management platform initially launched by the Government of Pakistan.Self-enumeration Portal is the first digital initiative taken by the Pakistan Bureau of Statistics (PBS) to make it possible for Pakistani residents to take part in the digital census from the convenience of their own homes.
Every district of Pakistan is administratively divided into several tehsils. Each tehsil is governed by a Tehsil Municipal Administration (TMA), which is focussed around a tehsil/taluka council. The head of each tehsil is a Tehsil/Taluka Nazim, assisted by a tehsil/taluka municipal officer (TMO) and a number of other officials, all of whom are ...
This is a list of metropolitan areas in Pakistan. These metropolitan areas are home to about 20% of the population or about 46 million Pakistanis. Every Pakistani city with a population of 500,000 or more is considered a metropolitan area. This list is according to the 2017 Census of Pakistan. [1] [2] [3]
To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [1] [2] In 2017, the housing gap in Punjab, one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047. [3]
Godrej Properties Limited is a real estate company with its head office in Mumbai, India [6] and is one of the top three developers in Delhi-NCR, Bangalore, Mumbai & Pune. [7] A subsidiary of Godrej Industries Ltd, the company was established in 1990 under the leadership of Adi Godrej. [8]