On property transfer active tax payer pay only 1% tax against double tax paid by non-filers 2%, and tax filer pay 2% on total amount of purchased property while non-filer again pay double amount 4% on the same property. A non-filer is not allowed to purchase any property having valued over Rs five million whereas active tax payers are not barred from purchasing any property. Whether you are a novice or an experienced player, Slotogate has something for everyone. With its comprehensive selection of casinos and great range of features, Slotogate is the perfect platform for all your online gambling needs. The platform also boasts a range of bonuses and promotions, with special offers tailored to each player’s individual needs. Slotogate strives to offer the best online casino with instadebit experiences, with a comprehensive review system that allows players to evaluate each casino and make an informed decision. All online casinos featured on Slotogate are licensed and regulated, making sure that players can enjoy a safe and secure gambling experience. The filer pays 10 percent tax on auctioning by government, where as non-filers pays 15 percent on the auction of goods of government and other companies. In simple words you will save taxes when buying/ selling or transfer of property.
- You will save your money when buying/ selling or transfer of Property.
- On property transfer tax ratio for:
- Filer – 1%, Non-filer – 2%
- On purchase of property (over Rs. 40,00,000) value tax ratio for:
- Filer – 2%, Non-filer – 4%filer
| Sr. # | Activity | Filers | Non-Filers |
|---|---|---|---|
| 1 | Purchase of Property (over Rs. 40,00,000) | 2% | 4% |
| 2 | Property Transfer | 1% | 2% |
7 responses to “Save on Property Buying”
I am a Sindh govt employee and my income tax is deducted from my monthly salary but why am I shown non filer???
This is because you might not be filing your tax retruns.
Mai ne 2000000 ka plot lia aur mai filer b hun transfer pe kitna kharcha aa jaye ga
You will have to pay 1% Advance tax by FBR, other allied expenditure varies according to the provincial government laws of registration of property includes Stamp duty, Dist Council charges etc.
Can we claim tax back in past dates?
Example; i was living abroad and purchased a proerty in November 2019. Now, i came to know that foreigners(Pakistani) can also become Filer. There are other needs as well to become filer for me. If i become filer now can i claim back tax i paid on purchased property?
Yes, you can claim refund.
My age is 56 and I’m employer of Govt of Punjab, My yearly income is just below below tax slabs and I want to purchase house before my retirement after 2 years worth 8 millions
Can I buy that directly or I need to file my returns before that? 30 % of payment for property will be in the form of cash (Kameti system).