PM Exempts Naya Pakistan Housing Scheme from Taxes – RS News

PM Exempts Naya Pakistan Housing Scheme from Taxes

Naya Pakistan Housing Scheme

PM Khan has given approval for the exemption of the sales tax and fixed tax on the construction work under the Naya Pakistan Housing Scheme, as per the announcement made by the Special Assistant to PM on Information—Firdous Ashiq Awan.

While talking to media she said that PM has also given approval for the formation of a system for barring adulteration in commodities and goods.

She further indicated that a committee has been formed for keeping a control on the prices of the various commodities.

While heading a meeting for reviewing the progress on the Naya Pakistan Housing Scheme the PM instructed the FBR to eradicate the sales tax from the housing project.

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Awan while sharing the details also mentioned that PM Khan has given instructions for the formulation of an effective strategy for boosting tourism in the country, particularly in the religious tourism sector in Punjab and Khyber Pakhtunkhwa.

She said that the PM has laid the foundation of the digital Pakistan, under which the relations and access to the people would be further unified.

Addressing the meeting, Prime Minister Imran Khan termed the housing scheme a priority of his government. He said that promotion of this area would not just boost 40 linked industries but would also assure of the provision of job opportunities to the youth and skilled workforce.

He asked the provincial governments to work out on reducing the taxes for promoting the housing and construction industry. He also called for speeding the review of the master plans of the major cities in an effort for framing a detailed strategy to offer accommodation for the population and provision of the civic facilities.

He asked the provincial secretaries to collect relevant information within one week regarding the unused public land where houses for low-income families could be constructed after some planning.

The PM was informed that the process of construction was being made simpler by the reduction in the required number of NOCs and permits.

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