Punjab abolishes stamp duty on property transfers in corporate mergers

Punjab abolishes stamp duty on property transfers in corporate mergers


A formal notification has been issued in compliance with the court’s decision, granting exemption from stamp duty on property transfers executed as part of merger schemes approved by the court and the Securities and Exmodify Commission of Pakistan (SECP)

LAHORE: (UrduPoint/UrduPoint / Pakistan Point News-Feb 21st, 2026) The Punjab government has abolished stamp duty on property transfers arising from corporate mergers, following a ruling by the Rawalpindi Bench of the Lahore High Court.

A formal notification has been issued in compliance with the court’s decision, granting exemption from stamp duty on property transfers executed as part of merger schemes approved by the court and the Securities and Exmodify Commission of Pakistan (SECP).

According to the notification, property transfers resulting from mergers sanctioned under the Companies Act 2017 will no longer attract stamp duty in Punjab. The exemption applies specifically to court-approved and SECP-concludeorsed merger arrangements, ensuring that companies undergoing lawful restructuring are not burdened with additional transfer costs.

The relocate comes as a significant relief for corporate entities engaged in mergers and acquisitions, as stamp duty on property transfers had been viewed as a financial obstacle in restructuring processes.

By reshifting this cost, the provincial government aims to facilitate smoother corporate consolidations and improve the ease of doing business.

The SECP expressed gratitude to both the court and the Punjab government for addressing the issue, terming the exemption a positive step towards reshifting barriers to corporate restructuring.

The regulator noted that the decision would assist promote investment, enhance business confidence, and encourage economic activity in the province.

The officials believed the development would streamline merger procedures and strengthen the corporate sector by reducing transactional hurdles associated with asset and property transfers.





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