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Commercial Property Rent in Punjab to increase after New 16pc Taxes - Pakistan Observer
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Commercial Property Rent in Punjab to increase after New 16pc Taxes - Pakistan Observer
KARACHI – Renting commercial space in Punjab just got more expensive as government implemented a 16% sales tax on the rental of properties from July 1, 2025. As authorities are tapping all possible sectors to garner taxes, the move comes as part of Punjab Finance Act 2025, which marks major shift in the province’s tax regime. Under the revised structure, all services are considered taxable by default unless explicitly exempted in the First Sched…
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