Standardising taxes in construction sector: PM briefed about FBR-provinces talks

Prime Minister Shehbaz Sharif was informed on Wednesday that discussions between Federal Board of Revenue (FBR) and provincial authorities on standardising taxes in the construction sector are ongoing, while consultations on draft reforms for home mortgages continue. During a meeting of the Federal Ministry of Housing and Works, chaired by the PM, officials presented the ministry’s strategic roadmap, outlining efforts to overhaul the housing sector and strengthen regulatory oversight. The officials said that reforms are being introduced to streamline the tax structure for the construction industry, a step considered crucial for attracting investment and supporting large-scale housing initiatives.