Reversal of 16% Rental Tax Brings Relief to Retail Community
Industry leaders have welcomed the reversal of the 16% tax on rental properties in Punjab, calling it a "lifeline for organised businesses" and a step towards a resilient retail economy.
Such reforms have helped stabilise retail operations and created breathing space for organised businesses struggling under economic pressure.
Speakers at the 5th Pakistan Future of Retail Business Summit & Expo 2025 discussed the impact of this tax reversal, emphasizing its significance for the retail community.
- The reversal has provided major relief to the country's retail community.
- It reflects the success of collective efforts by trade bodies.
Author's summary: Reversal of 16% rental tax brings relief to retail businesses.
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