Habib replied on Saturday, June 2, 2012 03:17 AM
It is recently imposed in current Budget , People of this forum were waiting for long, if I equate it with stocks where it is already there it is 10% of Difeerence of sale and pucahse price. still details are waited, I dont know what CBR is going to get out of this , usually there is no gains in one year people sell the property due to some issue only, the real gain is after many years, That is true also the people voulutarily never disclose the cost in the deal or at time of registration, in that case will gain be calculated on any change of DC rate during that period? I think we should wait for details that may be availble in one or 2 weeks. The Only purpose looks that Govt want to crub the quick sale or anticiapes that shot sellers are not real buyers rather traders, what ever the total gain CBR is going to get out of it be only nomial |