Bahria Town Private Limited and Income Tax Ordinance

Bahria Town Private Limited has expressed its heartiest congratulations on presenting the historic incentive package for the construction industry. Also, they are thankful to the Federal Government of Pakistan for amending Income Tax Ordinance 2001, Section 111.

According to the recently issued notice by Bahria Town, the government has fulfilled the prolonged demands of builders and developers. They are happy especially for giving recognition to the construction sector as an industry.   This important notice shares all the details for the interested investors who desire to make the trouble-free investment in Bahria Town Projects.

Through this important notice as per Income Tax Ordinance, Section 111, Bahria Town informs its respectable members that they can confidently invest in all the projects of Bahria Town. No one will ask you for proof of your source of income. Because the income tax ordinance 2001 has been amended for the ease of investors.

Interested clients can easily buy their desired commercial or residential properties under the following terms and conditions.

Terms and Conditions

1. The sale and purchase of the plot should be on or before 31 December 2020.
2. Complete payment should be made through the bank till 31 December 2020.
3. Construction on the plot should have been started on or before 31 December 2020.
4. Construction work should have been completed until 30 September 2022.
5. The buyer should have registered himself online on the FBR web portal.

So, the respected members of Bahria Town, who are either plot owners or looking to buy plots to start construction in both residential and commercial categories, can get benefit from this scheme. They just need to fulfill the above-mentioned terms and conditions.

Bahria Town Private Limited has requested all those members who want to avail the opportunity, to get the possession of their plots after paying all the dues.

Moreover, the top property giant has also set up separate desk counters in all its head offices for registration in FBR. These separate desk counters will properly facilitate the respected members. We hope these desks will prove to be useful for both the existing and potential clients.

For further details and any assistance contact Universal Property Network!

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