Heavy taxation: ‘Real estate sector of Pakistan suffering’
Real estate sector facing problems due to imposition of heavy taxes
Aerial view of Bahria Town in Karachi. PHOTO: AFP
ISLAMABAD:
The business community called on Friday for taking measures to address the issues being faced by the real estate sector in the country.
In a statement, Islamabad Chamber of Commerce and Industry President Sheikh Amir Waheed said that the real estate sector is playing a key role in the economic development of the country.
He said that it was facing problems due to imposition of heavy taxes and urged the government to rationalise them to facilitate the growth of business activities.
Pakistan's real estate sector booming but growth not showing on PSX
He was addressing a delegation of Islamabad Real Estate Welfare Group that visited ICCI led by Chaudhry Abdul Rauf to congratulate the new office bearers of the chamber.
Published in The Express Tribune, October 7th, 2017.
The business community called on Friday for taking measures to address the issues being faced by the real estate sector in the country.
In a statement, Islamabad Chamber of Commerce and Industry President Sheikh Amir Waheed said that the real estate sector is playing a key role in the economic development of the country.
He said that it was facing problems due to imposition of heavy taxes and urged the government to rationalise them to facilitate the growth of business activities.
Pakistan's real estate sector booming but growth not showing on PSX
He was addressing a delegation of Islamabad Real Estate Welfare Group that visited ICCI led by Chaudhry Abdul Rauf to congratulate the new office bearers of the chamber.
Published in The Express Tribune, October 7th, 2017.