Benami Property

Crackdown against benami properties has started

This entry was posted in Pak Economy and tagged Benami Property FBR on by (updated on )

بينا می جائدادوں کی ضبطگی شروع ہو گئ Immediate after the deadline for Asset Declaration Scheme ended today, FBR has started action against those who failed to declare their benami properties. Under Benami properties prohibition act 2017, Government has established three major zones, Lahore Karachi and Islamabad. Further 11 Sub […]

What is Benami Property? بينامی جائداد کی تعريف 1

This entry was posted in Real estate and tagged Benami Property بينامی جائداد on by (updated on )

FBR’s Press release explains in detail; After Implementation of Benami Transactions (Prohibition) Rules, 2019.The Federal Board of Revenue (FBR) has clarified that a Benami property means any property which is subject matter of Benami transaction and also includes proceeds from such property. Benami transaction encompasses where a property is transferred […]