The Federal Board of Revenue (FBR) has raised property valuation rates for immovable properties in 56 cities, ARY News reported on Wednesday.
According to details,...
As a measure to boost taxation earnings the government has revised upwards the valuation rates in the real estate sector to 90 per cent of the market level for calculation of tax in 40 major cities of the country including Karachi, Lahore, Peshawar and Islamabad.
ISLAMABAD: The Federal Board of Revenue (FBR) has suspended new property valuation till January 16, 2022, to review anomalies identified by key stakeholders.
The announcement...
Minister of State for Revenue Hammad Azhar here on Thursday said that the government would revise property valuation rates from July 1, ARY News reported.