Wednesday, February 28, 2024

FBR increases property rates from 10% to 100% nationwide.

The Federal Board of Revenue said that property rates would be raised by an average of 10% to 100% across the country.

The FBR has raised the number of cities in the property valuation from 21 to 40.

Except for Karachi and Sargodha, the FBR has established property values in 38 major cities across the country. The property valuations for Karachi and Sargodha will be announced later.

Property prices in 38 of the country’s 40 largest cities have been notified, and property prices have grown by an average of 10% to 15% in these cities. However, the price of some houses has been increased by up to 100%.

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