Budget FY25: Govt proposes 15pc tax on filers, 45pc on non-filers on sale, purchase of property
It is proposed to introduce separate rates for filers, non-filers and late filers on immovable properties


Islamabad: The federal budget for the fiscal year 2024-25 has proposed to increase the tax rate for filers and non-filers on the sale and purchase of property.
According to the budget document, it has been proposed to increase the tax on capital gains on property in the next financial year. The filer will be taxed at 15 per cent on the purchase and sale of property while the non-filers will be taxed up to 45pc on the purchase and sale of property.
It is proposed to introduce separate rates for filers, non-filers and late filers on immovable properties.
Federal Finance Minister Muhammad Aurangzeb while presenting the budget in the National Assembly said that this initiative will help document the economy and end rumours in the housing sector. In this way, people will also get proper accommodation, he added.

Rivers on edge: NDMA warns of medium to high flood risk from Aug 5–8
- 8 hours ago

NADRA simplifies process for obtaining Succession Certificates
- 7 hours ago
Naval Chief Admiral Naveed Ashraf awarded Turkiye’s prestigious Legion of Merit
- 13 hours ago

Grok’s ‘spicy’ video setting instantly made me Taylor Swift nude deepfakes
- 19 minutes ago

Collier ankle injury sours Lynx's rout of Aces
- 12 hours ago

Gold prices plummet in Pakistan, global markets
- 12 hours ago
Chevening scholarship applications opened for Pakistani students
- 11 hours ago

Spotify is raising Premium prices outside the US
- 20 minutes ago
Bangladesh to hold elections in February 2026: Yunus
- 8 hours ago

Special events, walk held across Pakistan on Youm-e-Istehsal Kashmir
- 9 hours ago
ECP disqualifies nine lawmakers including Shibli Faraz, Omar Ayub, Zartaj Gull
- 12 hours ago

Khabib hopes McGregor changes 'how he is living'
- 12 hours ago