Filers to pay 3pc, non-filers 6pc on purchase of property worth Rs50m

ISLAMABAD (Dunya News) – The filers have to pay a tax of three per cent and non-filers six per cent on purchase of a property worth Rs50 million. 

Capital value tax under three slabs will also be charged. 

Sources say it is also expected that four per cent tax on property worth Rs50 million to Rs100 million while fixed rate of 12 per cent tax on non-filers will be imposed. 

Read more: FBR set to block SIMs of over 500,000 non-filers 

Besides, five per cent tax on property above Rs100 million is proposed to be charged from filers while non-filers will have to pay 15 per cent tax.