Pakistan, June 10 -- The government has announced major tax relief for the real estate sector in the 2025-26 budget. The new measures aim to reduce costs for property buyers and encourage investment in housing. Finance Minister Muhammad Aurangzeb presented these proposals during his budget speech. The government hopes these changes will boost economic activity and make homeownership more accessible.

One of the biggest changes is the reduction in withholding tax on property purchases. The tax rate has been lowered from 4% to 2.5%, 3.5% to 2%, and 3% to 1.5%. These cuts will make buying property more affordable and boost real estate transactions. The government expects this move to increase demand and stimulate investment in the housing se...