Due to taxation measures introduced in recent years, property buyers are facing significant challenges in the current market. The heavy tax burden has discouraged many from purchasing property altogether. However, the upcoming 2025-26 budget is expected to bring major relief for property buyers. According to FBR sources, discussions are underway regarding certain tax concessions, including possible tax exemptions for first-time property buyers. WATCH MORE DETAILS OF THE NEWS ARTICLE AT OUR YOUTUBE CHANNEL Tax Burden Slowing Down Real Estate Sector Sources indicate that the primary reason behind the real estate sector’s current stagnation is excessive taxation, leading to a sharp decline in property transactions. The government is seriously considering recommendations from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). These proposals, part of FPCCI’s 2025-26 budget recommendations, aim to boost economic growth and investment in real estate. Concerns Over Double Taxation As per FPCCI, filers currently pay a 3% advance tax on property purchases. FPCCI has raised concerns that this amounts to double taxation, as the income used for purchasing property has already been taxed. This additional financial burden discourages investment and negatively impacts market activity. To address this, FPCCI has proposed: Reducing the advance tax for first-time filers to 0.5% Complete exemption for salaried individuals, as they already pay…