# Realty sector gets Rs34b tax relief

> Real estate tax cuts boost sector by Rs34b as salaried class pays 360% more.
- Title: Realty sector gets Rs34b tax relief · The Express Tribune
- Summary: Real estate tax cuts boost sector by Rs34b as salaried class pays 360% more. The government's 50% real estate tax cut reduced sector contributions by…
- Keywords: real estate sector, tax relief, salaried class, income tax, imf program, fiscal year 2026, real estate tax, tax collection, The Express Tribune
- Source: The Express Tribune — https://tribune.com.pk/story/2639194/realty-sector-gets-rs34b-tax-relief
- Author: Shahbaz Rana
- Published: 2026-11-07T22:48:52+00:00
- Read time: 1 min
- Topics: real estate sector, tax relief, salaried class, income tax, imf program, fiscal year 2026, real estate tax, tax collection, news
## Real estate tax cuts
The government cut real estate income taxes by half in fiscal year 2026.
## Real estate tax contribution
Real estate sector paid Rs42 billion in withholding taxes during July-October 2026.
## Tax relief impact
Real estate tax collection dropped 48% from Rs52.7 billion to Rs27.3 billion.
## Salaried class tax rise
Salaried class paid Rs193 billion in income tax, a 360% increase from last year.
## IMF program details
IMF endorsed 50% real estate tax cut and fixed tax scheme for retailers in June 2026.
## Tax gap widening
Tax gap between salaried class and real estate sector increased 360% in four months.
## Retailer tax situation
Retailers paid Rs16.5 billion in income tax, up 8% from last year.
## Tax shortfall
FBR booked Rs95 billion tax shortfall for July-October 2026 period.
## Key takeaway

The government's 50% real estate tax cut reduced sector contributions by Rs25.4bn in four months, while salaried class tax payments rose 360% to Rs193bn.