FY27 Budget Halves Property Tax for Filers: REIT Stocks in Focus
The FY27 budget halves the property tax for tax filers to revive the real estate sector. Here is what a lower transaction cost means for listed REITs.
Medium impactLong-term
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Showing 3 stories from the week of 8 Jun
Show allThe FY27 budget halves the property tax for tax filers to revive the real estate sector. Here is what a lower transaction cost means for listed REITs.
The FY27 budget halved the withholding tax on property purchases by filers to 1.25 percent and cut the tax on sales to 2.75 percent. By reviving real-estate activity, the measure is positive for cement, steel, the listed REIT and banks on mortgage flow.
Pakistan's Prime Minister announced that the IMF chief praised the country's reform efforts, a positive sign for ongoing discussions regarding a new bailout package and overall economic stability.
How news sentiment on the Real Estate (REIT) sector has built up over time. Each bar sums the direction of every story TradeTidings published in the period, weighted by how influential we rated it, not just a plain count, so a single high-influence negative story can outweigh several small positive ones. Hover a bar for its exact figures, or click one to filter the stories below to that period. Our own original analysis, not a copied index or a price chart, and not a prediction.