Capital Gains Tax (CGT) on Property in Pakistan – Explained by Filernow
Understand Capital Gains Tax (CGT) on property in Pakistan, including tax rates, exemptions, and how Filernow can help you manage and file your CGT easily.
Capital Gains Tax (CGT) on Property in Pakistan – A Complete Guide
If you’ve sold property in Pakistan, you may need to pay Capital Gains Tax (CGT). This tax applies to profits earned from selling a property and varies based on the holding period and property type.
At Filernow, we simplify the CGT calculation and filing process, ensuring you meet all legal requirements without the hassle.
What is Capital Gains Tax (CGT) on Property?
Capital Gains Tax is the tax on the profit made when you sell real estate. It applies whether you sell residential, commercial, or agricultural property.
Who Needs to Pay Capital Gains Tax?
You must pay CGT if you:
🏠 Sell Property – Earn profit by selling real estate.
📅 Hold Property for Less Than 4 Years – CGT applies if the sale occurs within 4 years of ownership.
Capital Gains Tax Rates on Property (2025)
How to Calculate Capital Gains Tax?
CGT = Selling Price – Purchase Price – Allowable Expenses
Example:
Selling Price: PKR 10,000,000
Purchase Price: PKR 8,000,000
Gain: PKR 2,000,000
CGT (If sold within 1 year @15%) = PKR 300,000
Exemptions from Capital Gains Tax
✅ Primary Residence – If the property is your only home, CGT may not apply.
✅ Inherited Property – No CGT if you inherit the property.
✅ Holding Beyond 4 Years – Exempt if you hold the property for more than 4 years.
How to File Capital Gains Tax in Pakistan?
1. Calculate CGT – Use Filernow for accurate estimation.
2. Fill Declaration Form – Submit your tax details to the FBR.
3. Pay Tax – Pay via bank, ePay, or through a tax consultant.
Why Choose Filernow for CGT Assistance?
At Filernow, we offer:
📊 Accurate Calculation – No guesswork, only precise figures.
📄 Hassle-Free Filing – We handle the paperwork for you.
🗂 Expert Advice – Navigate complex tax laws with ease.
Get CGT Help Today – Contact Filernow!
Don’t risk penalties—trust Filernow for fast and accurate Capital Gains Tax solutions.
📞 Call us at: 0315-1114448
🌐 Visit us at: Filernow.com