Property transaction tax cut expected in upcoming budget

Islamabad: Experts and financial analysts say the government may announce a significant reduction in property transaction taxes in the upcoming federal budget to revive activity in the real estate sector. The proposed relief aims to reduce the slowdown in property buying and selling, improve market liquidity, and restore investor confidence. Analysts believe that high taxes and additional financial burdens in recent years have reduced transaction volumes, discouraged investment, and affected construction-related activity. If the government cuts property transaction taxes, the number of deals may increase, supporting real estate, construction, cement, steel, and linked industries. Market sources expect the final decision to be announced with the federal budget. Can tax relief bring fresh momentum back to Pakistan’s property market?