Pakistan Capital Gain Tax (CGT) on Property 2025
Understand the new Capital Gain Tax laws affecting real estate in Pakistan for the fiscal year 2024-2025.
New Rules for Properties Acquired After July 1, 2024
The Finance Act 2024 introduced a significant shift for new property acquisitions:
- Filers: Flat 15% tax on capital gains, regardless of the holding period.
- Non-Filers: Punitive rates ranging from 15% up to 45% based on slabs set by the FBR.
Key Takeaway
Holding period exemptions (where tax becomes 0% after some years) have been removed for properties bought on or after July 1, 2024.
Old Regime (Properties Bought Before July 1, 2024)
For older properties, the sliding scale system remains intact:
- 1 Year Holding: 15%
- 2 Years Holding: 12.5%
- 3 Years Holding: 10%
- ...declining by 2.5% each year until it reaches 0% after 6 years.