Many people asked, how to Calculate Capital Gains Tax on Sale of Real Property as per law, actually Capital gains tax is the amount of tax owed on the profit (aka the capital gain) you make on an investment or asset when you sell it. It is calculated by subtracting the asset’s original cost or purchase price (the “tax basis”), plus any expenses incurred, from the final sale price.

Here below Capital Gain Tax Calculation in Four Steps
Determine your basis.
Determine your realized amount.
Subtract your basis (what you paid) from the realized amount (how much you sold it for) to determine the difference.
Review the descriptions in the section below to know which tax rate may apply to your capital gains.

How to Calculate Capital Gain Tax on Sale of Property in Pakistan
Such deemed income shall be computed as 5% of the Fair Market Value of the immovable property. The rate of tax on such income is prescribed as 20%. This translates into an effective tax at 1% of Fair Market Value of immovable property.