Pakistan's Federal Board of Revenue (FBR) has published the Finance Act 2021, which received the assent of the President (was enacted) on 30 June 2020. The Finance Act 2021 contains the measures of Pakistan's Federal Budget 2021-2022, presented on 11 June 2021. The measure of the Act came into force on 1 July 2021, unless otherwise specified. Income Tax Measures Some of the main income tax measures include: The rates on capital gains from the disposal of immovable property are adjusted upwards as follows, while the holding period concession is maintained (taxable gain amount reduced by 25% per year of...