
Pakistan may reduce withholding taxes on property transactions among other concessions
KARACHI: Pakistan government is considering reducing withholding taxes on property transactions. Under Sections 236C and 236K of the Income Tax Ordinance, the tax on the sale of plots could be cut from 4.5 percent to 1.5 percent, while the tax on purchases may drop from 1.5 percent to just 0.25 percent, an official said. Last year, the government raised the







