Posted in all LRE WhatsApp Groups by me earlier today
Sir
transfer fee you pay is a tax. Development charges you pay is a form of tax(Parks mosques main road hospitals and schools are built from taxes but we pay from own pockets in DHA or Bahria town etc) . CVT + Stamp duty + WHT + Advance Income Tax + empty plot tax. Now ill planned capital gain tax.
*Tax Leena hey key jaan leni hey :) *
Yes there should be tax on gains but it should be imposed on gains only after deduction on all losses and expenses and must be imposed in a proper manner in steps with consultation of all stake holders. Not hidden in finance bill three days before budget approval.
Choudry Mujahid Yasin (CMY)
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