Investor Presentaiton
Prime Minister's
Construction Package 2020
PRIME MINISTER'S OFFICE
ISLAMIC REPUBLIC OF PAKISTAN
ARIF HABIB DOLMEN
Construction Sector declared as Industry easing import of plant and machinery used in
construction activity
• Introduction of Fixed Tax Regime 'FTR' for Builders and Developers. For low cost housing
projects by NAPHDA / approved by NAPHDA, tax further reduced by 90%
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No question would be asked regarding the source of income source for people who will be
investing in real estate till Dec 2020
Tax credit under section 236K (Purchase of Immovable property) utilized in a project
REIT MANAGEMENT LIMITED
No withholding taxes 'WHT' on materials except for cement and steel and No WHT on services
except those rendered by companies
One-time exemption from Capital Gains on personal accommodation not exceeding 500 square
yards (house) and 4,000 square feet (flat)
Capital Value Tax exempted in ICT as done by Sindh, Punjab and KPK
Reduction in Project Approval Time by all provincial governments/respective development
authorities by issuing NOCs, automation and concurrent processing of approvalsView entire presentation