Phase 9 Prisim

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Dear LRE Team,

Please evaluate Prism 5 Marla:

Near K-1499 (2-Paid)

Kind Regards,

Ignored points in negotiations by ABAD

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Hi,

This post is in reference to post # 84720 by Aldwin:
Where he has consolidated all the current taxes on real estate sale/purchase. I would request respected CMY, Jameel Mughal, Habib sb, Ahmat and other experts to compare the current and previous rate.

In my opinion, ABAD has just focused on CGT and ignored other taxes like WHT and advance tax for seller and all other taxes for purchaser (They also got per sq feet tax on constructed homes :p ) This is because only big fishes are present in ABAD. This is what dealers and small/medium investors like me need to understand and protest against. More tax whether it is on seller or purchaser will reduce the number of transactions in all societies and prices would halt.


Here are the current tax rates:

Buyer (Filer and Non-Filer both)
Stamp duty 3% on dc rate
CVT 2% on dc rate

Buyer (Non-filer)
WHT tax 0.6% on valuation price
Advance tax 4% on valuation price

Buyer (Filer)
WHT tax 0.3% and Advance tax 2% on valuation price

Seller (Non-filer)
WHT 0.6% of valuation price
Advance tax 4% of valuation price

Seller (Filer)
WHT 0.3% of valuation price
Advance tax 2% of valuation price

CGT (Filer)
10% first yr sale
7.5% second yr sale
5% third yr sale
0% after 3 yr sale

CGT (Non-filer): 0%

Previous rates on real estate transactions were:


Buyer (Filer and Non-Filer both)
Stamp duty 3% on dc rate
CVT 2% on dc rate

Buyer (Non-filer)
WHT tax 2% on dc rates
Advance tax 2% on dc value

Buyer (Filer)
WHT tax 0.5% on dc rates
Advance tax 1% on dc value

Seller (Non-filer)
WHT 1% of dc value
Advance tax 1 % of dc value

Seller (Filer)
WHT 0.5% of dc value
Advance tax 0.5% of dc value

CGT (Filer)
10% of dc value
5% of dc value
0% after 2 yr sale

CGT (Non-filer): 0%

Please highlight if I put some wrong figure. I will try to present it in tabular format shortly.

Lets discuss!!

PLOT ASSESMENT

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PLEASE EVALUATE THE PLOT DHA phase 8 535 S .

Thanks

Current Rate

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Dear LRE Team,

Kindly evaluate my following plots in DHA Prism :

1) Near B-132
2) Near N-318
3) Near J-258

Also check Near L-560 in DHA Phase 6. Advice on the merits of location.


Thanks.

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Evaluate H-350 Rahbar phase-II
Dear LRE Member,

Please evaluate H-350 of DHA Rahbar Phase-II

Thanks in advance.

Knowledge Park, A booster for Prism 9 and Phase 7

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Please evaluate :

DHA Prism J 1854 & K 1560


Thanks

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Dear LRE, Kindly evaluate the following plots price. 1. DHA phase 5 H 170 & E 250.

Thanks & Regards.

Assesment

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Dear LE team,

Can you please give value assessment of DHA 9 Town plot near C # 150

Regards

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Dear Lahore Team,

please estimate the value of 9 Town B 300

Thanks

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PLOT EVALUATION IN IVY GREEN
Please evaluate plot Z1 140 & Z2 10


Thanks

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Please evaluate current rate
Nfc2. J 402 & F 45 :pkf

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Surprise Half tax also for overseas Pakistanis. Hurrrey


:pkf :cl :cl :cl :cl :cl :pkf

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اسلام وعلیکم: کچھ لوگ ٹیکس کے بارے میں غلط اطلاعات شئرکر رہے ہیں۔اس غلط فہمی کو دور کرنے کیلئے تفصیل کے ساتھ لکھ کر شئرکر رہا ہوں۔مہربانی فرما کر اچھی طرح پڑھیں،سمجھیں اور زیادہ سے زیادہ شئرکریں تاکہ دوستوں کی غلط فہمی دور ہو سکے۔ شکریہ

سب سے پہلے پراپرٹی کے خریدنے پر خریدار پرانے طریقے سے ہی ٹیکس دیگاصرف نئے ریٹ میں ہمارے گردونواع کے ٹاؤنز میں پرانے ڈی سی ریٹ میں بیس فیصد اضافہ ہواہے مثلاً جوہرٹاؤن کا پرانا ریٹ 390000/فی مرلہ تھا اب 468000 فی مرلہ ہو گا۔ اب فروخت کنندہ پہلے کی طرح نئے ریٹ پر گین ٹیکس ایک فیصد فائلر اور دو فیصد نان فائلر اور خریدارایڈوانس ٹیکس دو یا چار فیصد دیگا، باقی صوبائی ٹیکس (اشٹام ،سی وی ٹی وغیرہ) پرانے ڈی سی ریٹ پر جمع کرائے گا۔
تیس جون سولہ سے پہلے خریدی گئ پراپرٹی تین سال سے پہلے فروخت کرنے پر صرف پرافٹ پر پانچ فیصد کیپیٹل گین ٹیکس ہوگا اور اس طرح پانچ فیصدادا کرکے وہ پرافٹ والی رقم بھی وائٹ منی ہو جائیگی ۔

یکم جولائ سولہ کے بعد خریدی گئ پراپرٹی کو تین کے بعد فروخت کرنے پر کوئ ٹیکس نہیں ہوگا اگر تین سال سے پہلے فروخت کرتے ہیں تو پہلے سال فروخت کرنے پرافٹ کا دس فیصد،دوسرے سال ساڑھے سات ، اور تیسرے سال پانچ فیصد کیپیٹل گین ٹیکس دینا ہوگا اور پرافٹ والی رقم وائٹ منی ہوگی۔


۔اب ایڈوانس ٹیکس یا ود ہولُنڈنگ ٹیکس تیس لاکھ کی بجائے چالیس لاکھ پروصول ہوگا
شکریہ

i dont know why people are so happy

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I dont understand why people are so happy with the deal .

actually, its a big win for Govt. they made all stake holders/ so called dumb negotiators fool !!

very good tactics by GOVT here , all dumb neogatiors had no clue .

GOVT achieved huge deal with inc the Fair Market value and inc time frame to 3 years

Where is the win here for Stake holders ??/

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Dear LRE Team,
Would you please evaluate my plot with 2 installments paid.

Thank you
Rehan Butt :h

Introducing Fair Market rates real win for the Government

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I think the government played its hand cleverly and used the age old tactics of inserting some clauses that it planned to withdraw in the first place i.e. like state bank evaluators, high CG rates at smaller year duration, etc. In return, they fooled their counterparts by introducing notification of fair market rates by FBR !!!! This is their real win. They will determine the market price for federal taxation rather than rely on dc rate which could not be increased too much since provincial governments need to acquire land from public at these rates. We all know FBR is more corrupt than state bank itself. So what is the advantage gained by real estate negotiators in this? I fail to understand.
Percentage could be small this year, but they will keep increasing the percentage in the later years. This is what this government does best. The real estate negotiators should have outrightly rejected any market price determination by FBR and stood their ground on using dc rate as the basis for all calculations.

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Dear CMY Sahib
Any chance of up rise Dha 9town in august

Please regard

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A gift for military men on pressure I created on several social media and other sources

Now new aagreementis a law

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Now new aagreementis a law