KARACHI, (Pakistan Point News - APP - 11th Nov, 2016 ) : Syed Naveed Qamar, Member National Assembly Standing Committee on Finance has said that he would submit his recommendations for rationalization of real estate properties' taxation system. A delegation of Real Estate Brokers Association (REBA) headed by its Chairman Pervaiz Afandi called on Naveed Qamar and member National Assembly Nafeesa Shah in Islamabad and discussed issues matters related to taxation on properties, a press release said here on Friday.
The delegation gave a detailed presentation and their recommendations pertaining to the revaluation of properties and the taxation regime imposed on June 30, 2016. They called for a bail-out package for the real estate sector as was accorded to stock exchange earlier. Naveed Qamar assured the real estate brokers of his support to resolve issues pertaining to the taxation system, it added.