FBR updates, income tax, budgets and markets for Pakistan
5 articles
Revised Tax on Sale of Property in Pakistan 2023-2024. In the recent budget, the Government of Pakistan increased the rate of income tax on the sale and transfer of immovable property. This…
Pursuant to Statutory Regulatory Orders (SRO) No 1534(1)/ 2021 and 1572(1)/2021, a special order of the government — or office memorandum — had already been issued by the tax machinery on the…
The Federal Board of Revenue (FBR) has decided to re-notify new rates of immovable property valuation on March 1st, 2022. Pursuant to Statutory Regulatory Orders (SRO) No 1534(1)/ 2021 and 1572(1)/2021, a…
The Federal Board of Revenue (FBR) has extended the deadline for implementing the revised FBR Property valuation rates 2022 of properties in 40 major urban cities by holding its notification in abeyance…
The buyers and sellers of immovable properties across the country are unsure about the legal status of the applicability of the FBR's valuation rates of Properties from 16 January 2022. The Federal…