User_20793® replied on Monday, December 5, 2016 10:39 AM
As per my understanding this scheme is to protect the existing black money or undocumented investments in real estate sector. This will encourage the existing owners of real estate to sell their properties pay 3% on the difference of DC rate and FBR rates and take out their money in other sectors as white money. New buyers have no incentive as he still has to pay the same amount of taxes, and is still liable to answer about the source of income. |
