The National Assembly resumed its session at the parliament house in Islamabad on Friday with Speaker Sardar Ayaz Sadiq in the chair.
Finance Minister Muhammad Aurangzeb, during the budget speech, announced that the budget proposes to reduce the withholding tax on property transfers.
It suggests lowering the withholding tax on property purchases for filers from 2.5% to 1.25%, while for non-filers, the withholding tax on property sales is proposed to be reduced from 5.5% to 2.75%.
Read more: Govt announces huge relief for salaried class in Budget 2026-27
