New advance tax imposed on construction, residential businesses

Finance Act 2023 Imposes New Advance Tax on Construction and Property Transactions: Key Amendments and Implications

Finance Act 2023 Introduces Advanced Tax on Construction, Development, and Disposal of Commercial and Residential Properties Islamabad: The Finance Act 2023 has brought significant changes to the taxation landscape, including the imposition of a new advance tax on the construction, development, and disposal of commercial and residential properties. This development is expected to have far-reaching […]

7 Common Types of Commercial Construction Projects in Pakistan

Commercial construction projects refer to constructing buildings or facilities intended for commercial purposes, such as retail stores, healthcare facilities, hotels, schools, offices, factories, and residential homes. The construction industry is an essential component of the economy in Pakistan. It generates employment and contributes to the country’s GDP. This article will discuss seven common types of […]