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  • New brackets introduced and taxes raised to 35 percent in rental income
    APEX Team
    Blogger

    The Federal Board of Revenue (FBR) has issued a roundabout to explain revisions made in the Income Tax Ordinance 2001 through the Finance Act 2019, under which three new sections have been added to the pay got from investment property and the assessments for the most elevated section have been raised to 35%. The revisions made to the computation of Capital Gains Tax (CGT) have additionally been e...

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  • Creative Ways to Add Color to Your Rental Property
    APEX Team
    Blogger

    Some fantabulous home designing and color approach for rental property include the following, Wall to Wall Numerous homeowners paint the walls as a moderately simple approach to bring color to space. In any case, landowners and property managers frequently deny changing a rental's interior paint shading. You could put up wallpapers, digital wallpaper screens, floral acrylic sheets, painting...

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  • LDA bylaws to be amended to expedite NPHP development
    APEX Team
    Blogger

    Punjab Chief Minister (CM) Usman Buzdar on Tuesday said that the authorities concerned were looking into the by-laws of the Lahore Development Authority (LDA), the Punjab Housing and Town Planning Agency (PHATA), and other common bodies for making alterations in these guidelines to encourage the advancement of the Naya Pakistan Housing Program (NPHP) in the territory. He expressed his perspective...

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  • Common Misconceptions when Investing in Rental Property
    APEX Team
    Blogger

    We all make land mistakes, having several property myths and scam fears, and even if we are prepared for what's coming, we must know the top mistaking trends happening in rental property investment these days. Let's talk about them Investing based on Appreciation Individuals regularly invest in rental properties dependent on the possibility that it will appreciate in the coming years, wh...

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  • Shops with 1000 sq ft area to be taxed under new GST rate
    APEX Team
    Blogger

    The Federal Board of Revenue (FBR) has made it compulsory for the retailers working in 1,000 square-feet-outlets (arranged in malls) to pay a standard rate of 17% General Sales Tax (GST) to the tax assessment expert, news sources detailed. FBR's Member Inland Revenue Policy and representative Dr. Hamid Ateeq Sarwar as of late communicated his perspectives on the issue. He said that the FBR, t...

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