Registry Expenses in 2023-2024
Taxes New Schedule
FBR GAIN TAX & WITHHOLDING TAX, STAMP DUTY
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In this video I have discussed in details about new schedule of Taxes which is applicable from 01 July 2023, As in Budget 20223-24 there was nothing about increasement of taxes.
Due to IMF term and Conditions Government of Pakistan took steps to impose high taxes in sector of property.
From 01-July-2023 the tax under section 236K has been increased 1% for Filers.
For Non its increased 3.5%, as previous was 7% for non-filer now its 10.5% for non-filers
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Stamp duty rumours comes to end as its maintained as its remained 1%, as it was 1% before and now on.
Tehsil council fees/corporation fees was 1% and its also 1% from now towards.
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231AB- This section is about taxes on banking transections, The advance tax 0.6% has been implemented from 01-07-2023 to onwards on withdrawl more than 50000 rupees.
But there is a 100% relief for filers as there is 0% tax against them, for filers.
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GAIN TAX-
From 01-07-2023 the gain tax has also been increased 1% for filers from 2% to 3%
while for non-filers its 6%, as previous was 4%
Once again filers have much advantages as compared to non- filers.
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This video is gonna to be very valuable for those people who are going to become a filer & for those who are already filer.
There is a very important message for all NTN holders.
in this video I have discussed advantages and disadvantages of becoming a filer.
what is the query behind the last of date filing like 30 September or December?
All the companies either they are registered from SECP or FBR, what's their duties and responsibilities.
What steps should take at the time of becoming a filer.
Important message for all the NTN holders, individuals as well as company owners.
I will guide you about property taxes as well as vehicles taxes.
This video will be very helpful in future for every individual, because in this video I have told you about which common mistakes we are doing on daily basis.
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(Tax & Corporate Consultant)
I'm Raja Tansar CEO & Founder of The Tax Experts & Law firm
We are providing services regarding Taxes & Corporate matters.
1) Filer Registration
2) Companies Registration
3) Income Tax Return
4) Sales Tax Return
5) NTN Registration
6) Business Registration
7) SECP Matters
8) FBR Matters
9) DNFBP'S Certificate
10) Import & Export license
11) All Certificates
12) Trade Mark
13) Membership of Chamber of Commerce
14) Book keeping
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Gmail;
thetaxexpert06@gmail.com
rajatansar42@gmail.com
Contact Numbers
+92-345-666-2806
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The Federal Board of Revenue (FBR) released a new notification regarding Property Tax on 03 July 2023. As per the notification, Property Tax has been increased and would be effective on all the Property Transactions being held on 1st July 2023 and later.
The increase in Property Tax has been made in Advance Tax 236C and Withholding Tax 236K both for filer and non-filer. 236C is the Advance Tax collected from the Seller whereas 236K is the Advance Tax/Withholding Tax collected from the Purchaser.
Capital Gain Tax, Section 37 is the same as increased earlier. In this notification, Capital Gain Tax is not increased.
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What is the percentage of TIP Tax either of District Council or Metropolitan Corporation or Cantonment?
What is the rate or percentage of Advance Tax (236K of Income Tax Ordinance 2001)
Advance Tax (236C of Income Tax Ordinance, people says it as gain tax)?
What are miscellaneous expenses in process of registration of land/ property?.
To know answers of all these queries see video till end
Process of registry.
Tax on seller? Benefits for filer and loss of non filer.
How to calculate and find Dc rate of plot or any property,
What is the tax schedule for apartments,
How to calculate tax value for plots.
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