tax reform - Markhor

Business

Punjab Launches QR Code System for Property Tax

The Punjab government has launched a new QR code system for property tax notices in an effort to tackle fake challans and boost transparency. The updated system, introduced on July 15, was announced by Director General of Excise Umar Sher Chatha. In the first phase, 2.5 million tax notices

Business

Report Recommends Urgent Reforms in Property Taxation

An Economic Thinktank has strongly recommended the Federal Board of Revenue (FBR) to exempt the construction sector from advance taxes and sales tax in the upcoming budget (2025-26) to ease the burden of transaction taxes on the real estate sector. In its report titled “Housing and Construction Sector – Challenges