Tag Archives: immovable properties

Tax mechanism on immovable property not to be changed: Rana Afzal

KARACHI: Rana Muhammad Afzal, Minister of State for Finance and Revenue, on Wednesday ruled out any change in taxation mechanism for immovable property transactions on the basis of valuation prescribed by Federal Board of Revenue (FBR).

FBR amends, reduces valuation of properties in Islamabad

ISLAMABAD: Federal Board of Revenue (FBR) has reduced valuation of residential immovable properties in Islamabad for determination of withholding tax on sales and purchase of such properties.

FBR reduces valuation of DHA, Bahria Town properties in Rawalpindi

ISLAMABAD: Federal Board of Revenue (FBR) has reduced valuation of immovable properties at DHA and Bahria Town located in Rawalpindi for determination of withholding tax on sales and purchase of such properties.

FBR reduces valuations of immovable properties in six major cities

ISLAMABAD: Federal Board of Revenue (FBR) has announced massive reduction in values of immovable properties located in six major cities of the country for determination of withholding tax and capital gain tax.