Hakam Law Firm, Lahore (2026)

14/07/2026

LATEST TAX UPDATE | Property Tax New Schedule of Rates
Effective from: 1st July, 2026

FBR ne immovable property ke liye naye tax rates announce kar diye hain.

Seller Tax - Capital Value Tax on Transfer
Property Value ke hisaab se FBR aur DC rates kam kar diye gaye:
- Above 10 Crore: FBR 2.75%, DC 2.25%
- Upto 10 Crore: FBR 2.5%, DC 2%
- Upto 5 Crore: FBR 2.25%, DC 1.75%
- Upto 50 Lakhs: FBR 2%, DC 1.5%

Purchaser Tax - Imposed on Purchase
- Above 10 Crore: FBR 1.25%, DC 1%
- Upto 10 Crore: FBR 1%, DC 0.75%
- Upto 5 Crore: FBR 0.75%, DC 0.5%
- Upto 50 Lakhs: FBR 0.5%, DC 0.25%

Important Points:
1. Ye schedule FBR ne all provinces ke liye issue kiya hai
2. Rates property ki transfer aur purchase dono par applicable hain
3. Lower rates se documentation barhegi aur undervalued transactions kam hongi
4. Ye filer aur non-filer dono par laagu hota hai

Special Note:
Naye rates real estate sector ko boost karenge aur investment ko encourage karenge.
Hamesha property ki actual value declare karein taake penalties se bacha ja sake.

Pay Taxes – Stay Compliant – Build a Better Pakistan

For legal and tax assistance:
Contact: 0302-5209289
Email: [email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

14/07/2026

GENERAL AWARENESS | IS A GIFT FROM RELATIVES TAXABLE?

Relatives se gift lena ab tax-free ho sakta hai, agar sahi tareeqe se kiya jaye.

Under Section 39 of Income Tax Ordinance 2001:
Specified relatives se milne wale gifts tax se exempt hain, lekin kuch conditions ke saath.

WHAT IS COVERED:
Cash Gift
Movable Property e.g. Car, Jewellery
Immovable Property e.g. House, Land, Plot

CONDITIONS FOR TAX EXEMPTION:
Gift banking channel ya crossed cheque se receive hua ho
Donor ke paas valid NTN ho aur wo filer ho
Gift properly documented ho

WHO CAN GIVE THE GIFT:
Grandparents, Parents, Spouse, Brother/Sister, Son/Daughter

IMPORTANT TO REMEMBER:
Gifts from uncle, aunt, cousin, friend are TAXABLE
Transaction bank ke through traceable honi chahiye
FBR inquiry ke liye documentation zaroor rakhein

EXAMPLE:
Parent se PKR 10,00,000 bank transfer = Not Taxable
Friend se PKR 10,00,000 without proof = Taxable

KEY TAKEAWAY:
Section 39 ke tehat specified relatives ke gifts tax exempt hain, sirf jab law ki conditions follow ki jayen.

For legal and tax assistance:
0302-5209289
[email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

13/07/2026

BREAKING NEWS | COURT UPDATE: MONAL CASE

Monal case me bara legal development samne aa gaya hai.

AUGUST 21, 2024:
Supreme Court bench of JUSTICE FAIZ ISA ne Monal ki demolition ka order diya tha.

JULY 13, 2026:
Less than two years later, Federal Constitutional Court bench of JUSTICE AZHAR RAZA ne us faislay ko NULL AND VOID qarar de diya.
Court ne kaha ke Monal ko girane ka decision legally correct nahi tha.

THIS JUDGMENT REAFFIRMS:
Major decisions jo property rights ko affect karte hain, unhe strictly law ke mutabiq hona chahiye.

LAW, NOT POWER.
JUSTICE, NOT PRESSURE.
THAT'S THE CONSTITUTIONAL PROMISE.

For legal consultation and updates:
0302-5209289
[email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

13/07/2026

Become a Filer, Save on Tax!

Return file karna sirf qanooni zimadari nahi, balke apke liye bachat bhi hai.

Filer vs Non-Filer Tax Rates:
- Cash withdrawal above 50,000: Filer 0% vs Non-Filer 0.8%
- Property purchase: Filer 1.25% vs Non-Filer 10.5%
- Property sale: Filer 2.75% vs Non-Filer 11.5%
- Vehicle registration: Filer 5% vs Non-Filer 10%
- Profit on debt: Filer 20% vs Non-Filer 40%
- Tax on cash transactions: Filer 12% vs Non-Filer 24%
- Shares purchase/sale: Filer 0.5% vs Non-Filer 2.5%
- Other services: Filer 11% vs Non-Filer 22%

File your return today and enjoy:
Pay Less Tax, Stay Compliant, Support the Nation, Build a Better Future

Aik chota sa step, bohot bari bachat.

For filing assistance:
Contact: 0302-5209289
Email: [email protected]
Hakam & Co. | Legal & Tax Firm, Lahore

Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

12/07/2026

Important Tax Guide | How to Become a Tax Filer in Pakistan

Tax filer banna ab bohot asaan hai. Bas in 4 steps ko follow karein:

Step 01: Register with FBR
FBR IRIS portal par apna account banayen using CNIC, mobile number aur email. Verification ke baad apka CNIC hi NTN ban jayega.

Step 02: Log in to IRIS
FBR se milne wale username aur password se IRIS account me login karein.

Step 03: File Your Income Tax Return
Apni income, tax deductions aur wealth statement enter karein. Information review karke return online submit karein.

Step 04: Become an Active Filer
Return file hone ke baad apka naam FBR ki Active Taxpayers List ATL me aa jayega.

Documents Required:
- Original CNIC
- CNIC par registered mobile number
- Active email address
- Bank account details
- Salary slip/certificate agar employed hain
- Business details agar business hai
- Property, vehicle ya assets ki details
- Tax deduction certificates agar available hon

Being a tax filer opens doors to:
Financial Growth, Legal Protection, Easy Loans & Banking, Better Opportunities

File today, stay compliant, enjoy benefits!

For assistance:
Contact: 0302-5209289
Email: [email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

12/07/2026

Major Tax Update | Section 7E Declared Unconstitutional

Federal Constitutional Court of Pakistan ne Income Tax Ordinance 2001 ki Section 7E ko unconstitutional qarar de diya hai.

What was Section 7E?
Finance Act 2022 ke tehat ye qanoon property owners se 5% deemed income par tax leta tha, chahe unko us property se koi actual income na mili ho. Ye aksar vacant plots, extra residential aur commercial properties par lagta tha.

Why did the Court strike it down?
- Tax sirf actual income par lag sakta hai, assumed income par nahi
- 18th Amendment ke baad property taxation ka ikhtiyar provinces ke paas hai
- Qanoon ne property owners ke darmiyan unequal treatment create ki
- Non-income generating property par financial burden ban raha tha

What does this mean?
- Section 7E ko 2022 se void qarar diya gaya hai
- Is section ke tehat jitne notices aur proceedings hue wo set aside ho gaye
- FBR ko mazeed action lene se roka gaya hai
- Refund ka issue har case ke facts par depend karega

Why is this important?
Ye recent saalon ka sab se bara tax faisla hai. Ye taxation ki constitutional limits wazeh karta hai aur un tamam taxpayers ko faida dega jo Section 7E ke under aate thay.

A Landmark Judgment. A Win for Taxpayers.

For legal consultation:
Contact: 0302-5209289
Email: [email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

12/07/2026

Important Legal Update | Punjab Land Records Authority

PLRA ne fard baraye baich (farokht) par ayaid pabandi khatam kar di hai!

PLRA ne naya document "Naqal Arazi Record" mutaarif karaya hai. Ab ye document zameen ke record ka baqayeda aur qanooni tor par qabil-e-qabool saboot hoga aur tamam land transactions ke liye use ho sakega.

Key Points:
- Naqal Arazi Record ab legally valid document hai
- Tamam zameen ke muaamlaat ke liye qanooni aur qabil-e-qabool dastavez
- Fee change: Pehle 1000 PKR, Ab nayi fee 5900 PKR
- Notification issued: 10 July 2026

Ye faisla zameen ke malikon aur kharidaron ke liye ek aham aur sahulat bakhsh qadam hai.

For legal assistance and consultation:
Contact: 0302-5209289
Email: [email protected]
Hakam & Co. | Legal and Taxation Firm, Lahore

Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

11/07/2026

📢 Income Tax Return 2026 – Important Update for Salaried Employees

FBR has opened Income Tax Return filing for Tax Year 2026 from 1 July 2026.

If you are a salaried employee, note this important update before filing.

🔔 New Change (SRO 835(I)/2026)
Your employer's NTN or CNIC is now mandatory in the salary section of the return.
Please get this from your HR or Accounts Department before filing.

📌 Other Updates:
- Income from YouTube, TikTok, Facebook, freelancing and other digital platforms now has a separate reporting field.
- If you link your bank account with FBR profile, eligible tax refunds can be received directly in your bank.

👤 Who should file? Under Section 114 of Income Tax Ordinance, 2001:
✅ Annual income above Rs. 600,000
✅ Annual salary of Rs. 1,000,000 or more
✅ Own property 500 sq yards or more
✅ Own vehicle above 1000cc
✅ Have foreign income or assets
✅ Want to stay on Active Taxpayer List (ATL)

📝 Documents to keep ready:
✔ Salary Certificate
✔ Employer NTN/CNIC
✔ Bank Profit Details
✔ Withholding Tax Certificates
✔ Property & Vehicle Info
✔ Bank Account Details for refunds

⚠️ Don't forget Wealth Statement Form 116
Many returns get rejected due to errors here. Declare assets, income, expenses and liabilities correctly.

Filing early helps you:
✅ Avoid last-minute issues
✅ Fix mistakes before deadline
✅ Keep ATL status
✅ Get refunds faster

Disclaimer: This post is for general awareness only and not legal or tax advice.

Contact: +923025209289
Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

11/07/2026

Important Tax Update | New Digital Payment Tax System in Punjab

The Punjab Government has introduced a new tax mechanism for hotel and restaurant payments to encourage digital transactions.

- Payments made through cards or online methods will be subject to an 8% tax deduction.
- Payments made in cash will continue to be subject to a 16% tax deduction.
- The reduced deduction aims to promote secure, transparent, and cashless payments across Punjab.
- Choosing digital payment methods can help reduce the applicable tax deduction while making transactions faster and more convenient.

پنجاب میں ہوٹلز اور ریسٹورنٹس کی ادائیگیوں کے لیے ڈیجیٹل ادائیگیوں کی حوصلہ افزائی کے مقصد سے نیا ٹیکس نظام متعارف کرایا گیا ہے۔

- کارڈ یا آن لائن ادائیگی کرنے پر 8% ٹیکس کٹوتی ہوگی۔
- نقد Cash ادائیگی پر 16% ٹیکس کٹوتی بدستور لاگو رہے گی۔
- اس اقدام کا مقصد ڈیجیٹل، محفوظ اور شفاف مالی لین دین کو فروغ دینا ہے۔
- اگر ممکن ہو تو کارڈ یا دیگر ڈیجیٹل ذرائع سے ادائیگی کریں تاکہ کم ٹیکس کٹوتی کا فائدہ حاصل کیا جا سکے۔

Contact: 0302-5209289
Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

11/07/2026

Important Announcement | Finance Act 2026

PKR 25,000 Surcharge is Now Law! ⚠️

Under Finance Act 2026, govt ne late tax filers ke liye PKR 25,000 ka naya surcharge impose kar diya hai.

Who will pay it ? Wo filers jinhon ne Tax Year 2026 ka Income Tax Return due date tak file nahi kiya.

Last Date to File : 30 September 2026 📅

How to Avoid It ? Apna return 30 September 2026 se pehle file karein, Active Taxpayer rahein aur is extra PKR 25,000 se bachein.

Hakam & Co. | Legal and Taxation Firm, Lahore
Contact: +923025209289
Email: [email protected]
Follow for more updates: https://whatsapp.com/channel/0029Vb8IphJCcW4iIpoCFT1x

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