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New Proposal likely to Be Implemented Dont Panic,

(104114)
   BAJWA®
Sunday, July 17, 2016 08:53 AM 
Reply: >
Good news govt is going to reverse its proposal of 10% CGT instead a fix tax of 2 to 3% on gain of property is going to be implemented.
Role of FBR will only to refer the selected cases for evaluation
:cl :cl
Irfan UAE® replied on Sunday, July 17, 2016 09:06 AM 

Dil khush cha kita ei
SIM replied on Sunday, July 17, 2016 09:25 AM 

What about evaluators and SBP?
User_3776® replied on Sunday, July 17, 2016 09:32 AM 

Still many points to be discussed.
What about the selected cases? Who and how many cases will be referred to FBR?
What about the disclosure or may ask by FBR about source of income?
BAJWA® replied on Sunday, July 17, 2016 10:48 AM 

selected cases meaning only those cases where too much difference of price i.e declared and market value. amnesty is under consideration for source as one time measure same as in stock exchange. so its better to declare actual value in a deal and pay tax to avoid hassle.
details to come after tomorrows meet. good luck
Karim replied on Sunday, July 17, 2016 11:57 AM 

How would FBR evaluate non filers assets. I think housing societies would provide their data to FBR.
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