Purchase of property by non-filers after June 2019


As per the latest new in print media, non-filers will have to pay 5% fine on purchase of property in addition to extra 1% advance income tax from 1st July 2019.

Documentation of economy is in fact the need of the hour but the way government is handling it, is causing damage to the economy. The business community is frightened and not willing to do business in the present environment. Government is in hurry to collect taxes but businessman’s confidence has been shaken due to lack of planning and understanding of government functionaries.  Let us hope and pray that things return to normal within July 2019 without causing further damage to the economy.

ہر گزرتے دن کے ستھ نان فائلرز کی مشکلات میں اضافہ ہوتا جا رہا ہے

تازہ خبر یہ ہے کہ یکو جولائ کے بعد نان فائلر حضرات کو جائداد کی خرید پرتین فیصد ایڈوانس ٹیکس کے علاوہ پانچ فیصد جرمانہ بھی ادا  کرنا ہوگا۔

جبکہ فائلر حضرات کو ايک فیصد ايڈوانس انکم ٹیکس ہی دینا پڑے گا۔

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