Written by Shahnawaz Akhter Karachi, April 1, 2026 – The Federal Board of Revenue (FBR) has implemented a major property tax relief package aimed at revitalizing Pakistan’s real estate and construction sector, signaling a strong push to attract investment and ease financial pressures on builders and developers. According to sources within the FBR, multiple notifications under the relief package have already been issued, while additional measures are expected in the coming days. The initiative is part of broader efforts to stimulate economic activity and restore investor confidence in the property market. A key feature of the package is the proposed exemption from scrutiny on foreign inflows for property investment. Under this provision, non-resident Pakistanis would be allowed to invest in real estate without facing questioning from tax authorities. However, officials confirmed that a formal notification for this specific exemption has yet to be issued. In a significant operational step, the FBR has introduced an automated system through the Pakistan Revenue Automation Limited (PRAL) for generating Computerized Payment Receipts (CPRs) for non-resident investors. This system enables individuals to avail exemptions under Clause 111AC of the Income Tax Ordinance, 2001, streamlining tax compliance and reducing procedural…