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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% ● ● ● 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 approvals
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