Budget 2025-26: The government has unveiled relief measures for the corporate sector and property buyers in the new federal budget, targeting economic growth and real estate market stimulation.
The super tax on yearly income between Rs200 million and Rs500 million will be lowered by 0.5%, citing the budget details for 2025–2026.
It is anticipated that this action will boost corporate sector liquidity and stimulate investment.
The government has lowered the withholding tax rate on real estate acquisitions in budget 2025-26, which is another noteworthy statement. The following are the updated rates:
In the first slab, it was lowered from 4% to 2.5%; in the second slab, it was down from 3.5% to 2%; and in the third slab, it was lowered from 3% to 1.5%.
These cuts are anticipated to increase demand in the real estate market and lower the cost of purchasing a home for purchasers.
Additionally, the federal excise tax, which was 7% in the previous budget, has been eliminated on the transfer of commercial properties, plots, and homes.
The government has established a tax credit on homes up to 10 marla and apartments up to 2,000 square feet in order to promote homeownership.
The federal government has also made the decision to encourage mortgage finance in order to increase housing accessibility for the general public.
The stamp paper fee on real estate acquisitions has been lowered from 4% to 1% in an effort to make things easier for buyers in Islamabad.
The economy is probably going to benefit from these policies, which will also help the corporate sector and real estate purchasers.
