Prime Minister Imran Khan has announced the following incentives for the construction industry:

• All the people investing in the construction sector this year will not be questioned about their source of income.
• The tax rate will be fixed for the construction sector, and constructors will be charged tax per square foot or square yard.
• People carrying out construction in the Naya Pakistan Housing Scheme for the poor will only have to pay 10 per cent of the fixed tax.
• Withholding tax will be waived off for all construction sectors except the formal sectors of steel and cement.
• Sales tax will be reduced in coordination with provinces.
• Any family selling their house will not have to pay any capital gains tax.
• A subsidy of Rs30 billion to be given for the Naya Pakistan Housing Scheme.
• Construction sector to be given the status of an industry.
• Construction Industry Development Board to be set up to support the sector.