1- Individuals income exempted upto 12 lacs
2- Tax on individual income from 12 lacs and above will be taxed as per slab which has been decreased.
3- Data mining introduced for new tax payers search.
4- Remittance upto One lac dollar exempt, above this will be investigated.
5- Immoveable assets undeclared the government within six months can purchase by double price to the declarant if not proper.
6- FBR rate for property valuation abolished.
7- Filer tax rate 1% against property sale and purchase.
8- Gst exemptions same as per last year.
9- 5 Sectors under sro 1125 at 0 rated
10- Exports refund will be paid within 12 months 1/7/2018
11- Corporate tax decreased to 25% upto 2023
12- Real state investors tax reduced to 7.5%
13- Non Filer bank transactions tax rate reduced to 0.4%
14- Tax audit only once in three year
15- Super Tax to be decrease by 1% each year to end it up.
16- AOP slab decrease to 30%
17- Undistributed profit decrease to 5%
18- Tax on bonus shares abolished
19- Dividend tax decrease to 5%
20- Now with holding on services would be above rs. 30000/- and on supplies above Rs. 75000/-
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