User_20793® replied on Monday, December 5, 2016 10:39 AM As per my understanding this scheme is to protect the existing black money or undocumented investments in real estate sector. This will encourage the existing owners of real estate to sell their properties pay 3% on the difference of DC rate and FBR rates and take out their money in other sectors as white money. New buyers have no incentive as he still has to pay the same amount of taxes, and is still liable to answer about the source of income. |
Observer replied on Tuesday, December 6, 2016 01:14 AM dear 20793 your understanding is not correct. this amnesty is for both sellers and potential buyers as well. please read the bill copy to consult any tax consultant. no source will be asked from buyer if one pays 3% extra |
Observer replied on Tuesday, December 6, 2016 02:27 AM https://m.facebook.com/story.php?story_fbid=&id= OR simply watch this |
Ahmed Khan replied on Tuesday, December 6, 2016 01:16 PM Dear Observer, you are correct, source not to be asked Regards |