FBR announcements

FBR

FBR postpones new valuation tables for immovable properties until September.

The Federal Board of Revenue (FBR) has made two significant announcements regarding the real estate sector. First, the issuance of new valuation tables for immovable properties has been postponed until September 2023. The FBR will work with committees established in each city to determine these new property values. Second, the FBR has decided to introduce an online facility in the updated “IRIS”...

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