Dear LRE,
Please share latest information about taxes on property transfer in terms of Stamp Duty and Advance Tax is it applicable on DC rate or depend on State bank evaluators.
Kindly solve this issue
4Muzzamil® replied on Sunday, July 10, 2016 11:25 AM
i think
increased DC rate is set by provionsal govt , which will collect registration charges and stamp duty (seller), advance tax (buyer) 2/4%
whereas CGT rate evaluated by statebank, will be collected by federal govt at 10% on gains |
IAALI® replied on Sunday, July 10, 2016 05:54 PM
Thanks Muzzammal bhai for your comments,
Dear CMY,
Please through some light on it to confirm the procedure. |
