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Lahore Real Estate Forum: Property News & Community Talk : ,

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   CMY
Saturday, August 20, 2016 05:31 AM 
Reply: >
Interesting
Surfer® replied on Saturday, August 20, 2016 06:09 AM 

CMY sb. If this could be the senerio. Then property ordinance is nothing. Rates Should be revised back to the Normal position as before.
User_9325® replied on Saturday, August 20, 2016 06:30 AM 

it means that income tax finance bill approved in budget will be valid again where state bank approved evaluaters will evaluate property before transaction?
Nabeel Khan® replied on Saturday, August 20, 2016 06:46 AM 

Tomorrow they will hold a cabinet meeting and and that will fulfill the legal requirement.

The danger that India poses to Pakistan is dwarfed by the danger posed to Pakistan by pml n government with nawaz as pm and ishaq dar as the financial guru.
NT replied on Saturday, August 20, 2016 09:36 AM 

Let the market factor in these new tax and move towards a stable condition. Sooner the the better.

Few yrs ago same thing happened in stock market after imposition of gain tax, but market start working perfectly normal only after few months.
NT replied on Saturday, August 20, 2016 09:41 AM 

Prolonged confusion is good for property & any market
NT replied on Saturday, August 20, 2016 10:51 AM 

Error, Confusion is not good for marker
Arif M® replied on Saturday, August 20, 2016 12:15 PM 

I agree with NT. confusion will not be good for market. If above news is true then it means another few months wasted in confusion.
Waseem® replied on Saturday, August 20, 2016 03:10 PM 

All thanks to one id!0t called Ishaq Dar, who aim is to punish & tease people rather collect tax amicably. What a m0r0n we have !
Real Estate is best replied on Saturday, August 20, 2016 03:32 PM 

@Waseem Dear brother fully agreed with you, But people are also over-reacting, they have given up sale purchase of property like they were trading Norcotics or some illegal wepons. ENA V KI PANIC?
if FBR serves you notices hire best laywer and CHAR JAO ADALAAT ALLAH KA NAAM LE KAR,
FBR would be doing nothing in front of a good tax lawyer.
Real Estate is best replied on Saturday, August 20, 2016 03:32 PM 

@Waseem Dear brother fully agreed with you, But people are also over-reacting, they have given up sale purchase of property like they were trading Norcotics or some illegal wepons. ENA V KI PANIC?
if FBR serves you notices hire best laywer and CHAR JAO ADALAAT ALLAH KA NAAM LE KAR,
FBR would be doing nothing in front of a good tax lawyer.
Kureshi® replied on Saturday, August 20, 2016 04:40 PM 

FBR was always there and they did not unnecessarily bothered us beyond a certain level. After this change , i dont see anything new. People are scared because many of them have heard first time about FBR and taxes.
AHMAD HASSAN® replied on Saturday, August 20, 2016 05:07 PM 

I agreed with all 👍. If that news will become true then situation will be more confusing. But in next kitchen cabinet meeting it will be approved. As Real estate the best said. Don't get afraid from FBR if money is white.
User_19762® replied on Saturday, August 20, 2016 06:29 PM 

More than FBR, The main triggering problem right now is job uncertainty in gulf , Canada and European countries, people who hav been active in making investment in real estate now forced to be side line due to job uncertainties.

All factors become active together.
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