The Federal Board of Revenue has issued the notification (Income Tax) regarding tax collection from immovable properties falling in major cities of Pakistan. Here is the complete list of all eighteen districts of Pakistan.

The notification for Lahore district has been issued vide SRO/673(I)/2016 dated August 2, 2016 and is applicable from 31st July, 2016. The notification is available for public.

It has been observed that the rates have been increased by almost 30 to 35% when compared with the previously issued DC rates of Lahore district

In this notification, scheme and area wise rates for residential and commercial value (per marla) is given for ease of property investors and for the purpose f collection of taxes.

Now, buyers of property will have to pay an additional 25 to 30% tax while doing transaction of property. Property rates of 18 districts of Pakistan have been notified till now.

Sr # SRO # Title Issue Date Relating To
1 678(I)/2016 Rates of valuation of immovable properties in Gujrat 03-08-2016 SROs>> Income Tax
2 679(I)/2016 Rates of valuation of immovable properties in Jhang 03-08-2016 SROs>> Income Tax
3 663(I)/2016 Rates of valuation of immovable properties in Hyderabad 02-08-2016 SROs>> Income Tax
4 664(I)/2016 Rates of valuation of immovable properties in Sukkur 02-08-2016 SROs>> Income Tax
5 662(I)/2016 Rates of valuation of immovable properties in Karachi 02-08-2016 SROs>> Income Tax
6 665(I)/2016 Rates of valuation of immovable properties in Gawadar 02-08-2016 SROs>> Income Tax
7 666(I)/2016 Rates of valuation of immovable properties in Quetta 02-08-2016 SROs>> Income Tax
8 667(I)/2016 Rates of valuation of immovable properties in Peshawar 02-08-2016 SROs>> Income Tax
9 668(I)/2016 Rates of valuation of immovable properties in Abbotabad 02-08-2016 SROs>> Income Tax
10 669(I)/2016 Rates of valuation of immovable properties in Mardan 02-08-2016 SROs>> Income Tax
11 670(I)/2016 Rates of valuation of immovable properties in Sarghoda 02-08-2016 SROs>> Income Tax
12 671(I)/2016 Rates of valuation of immovable properties in Rawalpindi 02-08-2016 SROs>> Income Tax
13 672(I)/2016 Rates of valuation of immovable properties in Islamabad 02-08-2016 SROs>> Income Tax
14 673(I)/2016 Rates of valuation of immovable properties in Lahore 02-08-2016 SROs>> Income Tax
15 674(I)/2016 Rates of valuation of immovable properties in Faisalabad 02-08-2016 SROs>> Income Tax
16 675(I)/2016 Rates of valuation of immovable properties in Sialkot 02-08-2016 SROs>> Income Tax
17 676(I)/2016 Rates of valuation of immovable properties in Gujranwala 02-08-2016 SROs>> Income Tax
18 677(I)/2016 Rates of valuation of immovable properties in Multan 02-08-2016 SROs>> Income Tax

 

Youth PakistanNewsFBR Pakistan,Immovable Property Rates,Islamabad,Karachi,Lahore,Property Rates,RawalpindiThe Federal Board of Revenue has issued the notification (Income Tax) regarding tax collection from immovable properties falling in major cities of Pakistan. Here is the complete list of all eighteen districts of Pakistan. The notification for Lahore district has been issued vide SRO/673(I)/2016 dated August 2, 2016 and is...Everything for Pakistanis!