Taxation Updates

Understanding F.E.D. (Federal Excise Duty) on Property Finance Act 2024-2025: Insights by Mohsin Estate

Understanding F.E.D. (Federal Excise Duty) on Property Finance Act 2024-2025: Insights by Mohsin Estate

In Budge 2024 Govt of Pakistan imposed FED (Federal Excise Duty) on Properties through Finance Act in Budget 2024-2025, As per Federal Excise Act 2005. Exemption on FED on Purchase of Property: FED on Property is exempted on  first sales of immovable properties would be available to war-wounded person while in service of the Pakistan Armed Forces or federal or provincial government or an...

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