How much tax on an open plot bought for PKR 7,000,000 and sold for PKR 10,000,000?
PKR 150,000 if it was bought in March 2021 and sold in September 2025: the gain is PKR 3,000,000, and an open plot held more than 4 years, up to 5 years is taxed at 5%.
Bought in August 2024 instead, with PKR 200,000 of buying and selling costs, and sold in September 2026 by a filer: the gain is PKR 2,800,000 and the tax PKR 420,000 — 15%, whatever the holding period.
Capital gains tax rates on property
For property bought on or before 30 June 2024, and for any sale between 1 July 2022 and 30 June 2024, the rate depends on the type of property and how long you held it:
| Held | Open plot | Constructed property | Flat |
|---|---|---|---|
| 1 year or less | 15% | 15% | 15% |
| More than 1 year, up to 2 years | 12.5% | 10% | 7.5% |
| More than 2 years, up to 3 years | 10% | 7.5% | 0% |
| More than 3 years, up to 4 years | 7.5% | 5% | 0% |
| More than 4 years, up to 5 years | 5% | 0% | 0% |
| More than 5 years, up to 6 years | 2.5% | 0% | 0% |
| More than 6 years | 0% | 0% | 0% |
For property bought on or after 1 July 2024 and sold by someone on the Active Taxpayers List on the date of sale, the rate is 15% of the gain, for any holding period. Where the Ordinance prints “–” in the table (a flat held more than three years, constructed property more than five), the row above is already nil.
What counts as the gain
- Consideration: your sale price, or — if higher — the value FBR has notified for the area, or the DC value where FBR has notified none (sections 68 and 77).
- Cost: the price you paid plus the costs of buying, selling and improving the property (section 76). If the property was worth more than PKR 5 million and you paid other than through a bank or digitally, the price does not count (section 75A).
- Original allottees from the armed forces or government, certified by the allotment authority, pay 50% less on their first sale, or 75% less once the gain arises more than three years after acquisition.
The advance tax collected when the sale is registered is credited against the result. The filer vs non-filer calculator shows that advance tax for each status.
Cases this calculator does not estimate
Where the law leaves a question open, the calculator explains why rather than give a figure that may be wrong:
- Property CGT before 1 July 2022 is not currently supported.
- This property CGT case is not currently estimated because the applicable non-ATL rate treatment requires further legal validation.
- Inherited property is not currently estimated.
- Property received as a gift is not currently estimated.
- The acquisition date is not clear enough to estimate this case.
- This property does not clearly fit a category the law names.
- Property allotted in recognition of service is not currently estimated.
Property capital gains tax FAQs
The gain is the sale consideration less the cost: what you paid, plus the costs of buying, selling and improving the property (sections 37(2) and 76). The consideration is your sale price, or the value FBR notifies for the area - or, where it has notified none, the DC value - if that is higher. The rate then depends on when you bought the property and how long you held it.
15% of the gain, however long you held it, if you are on the Active Taxpayers List on the date of sale. For a seller not on the list the Ordinance applies "the rates specified in Division I", not less than 15%; it does not say which Division I table, or whether the gain is taxed alone or with other income, so this calculator does not estimate that case.
It falls with the holding period, from 15% in the first year. An open plot reaches nil after six years, constructed property after four and a flat after two. Sales between 1 July 2022 and 30 June 2024 used the same table, whenever the property was bought.
No. The advance tax collected at registration under section 236C is a separate tax on the sale price. It is adjustable: it is credited against your capital gains tax when you file. If you bought and sold the property in the same tax year, it is a minimum tax instead.
Sales before 1 July 2022; a seller not on the Active Taxpayers List for property bought from 1 July 2024; inherited or gifted property; property bought on a file, booking or instalment plan where the ownership date is unclear; property that is not clearly an open plot, constructed property or flat; and property allotted in recognition of service. In each case the law leaves a question open, so the calculator explains why instead of giving a figure.
Sources and updates
Income Tax Ordinance 2001, amended up to 30 June 2026: section 37(1A) and (2); First Schedule, Part I, Division VIII as substituted by the Finance Acts 2022 and 2024; sections 68, 75A, 76 and 77; Second Schedule, Part III, clause (9A); section 236C.
- Income Tax Ordinance 2001, amended up to 30 June 2026 — Federal Board of Revenue (FBR). The full text of the law, including the First Schedule rate tables (PDF).
- Active Taxpayer List (ATL) — Federal Board of Revenue (FBR). Check filer status and download the current ATL.
- File Income Tax Return — Federal Board of Revenue (FBR). FBR’s instructions for filing a return.
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Tax Pakistan is an independent site, not part of FBR or any government body. Where a figure matters — a return, a refund claim, a dispute — confirm it against the official source or with a tax adviser.