Tag Archives: Rs0.2 million


No tax on annual property rent income of up to Rs0.2 m: FBR

08 August, 2019 4:06 pm 4:06 pm

ISLAMABAD (92 News) – The Federal Board of Revenue (FBR) has disclosed that it’s not imposing income tax on annual property rent income up to Rs0.2 million. An explanatory notification clarifies new taxation system for selling open plots and constructed properties under the Finance Act 2019. The FBR has exempted tax on annual property rent … Read More