Immovable properties: FBR has no written SOP to determine fair market values ISLAMABAD: The Federal Board of Revenue (FBR) has no written standing operating procedure (SOP) for guidance of the... Updated 16 Feb, 2024 10:03am
Print ‘Deemed income’ on immovable properties: SC asks HCs to decide the matter expeditiously ISLAMABAD: The Supreme Court (SC) has directed the High Courts to expeditiously decide the matter of tax on “deemed... Updated 24 Jan, 2024 10:00am
Print Valuation of immovable properties: FTO directs FBR to hire competent, experienced valuers ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to hire competent and... Updated 23 Dec, 2023 07:42pm
Life & Style Dubai property prices hit all-time high, crossing September 2014 peak The Dubai property market reached new highs in November, crossing a previous record set in September 2014, according... Published 21 Dec, 2023 04:44pm
Print Property registration in Punjab: Mega WHT evasion scam unearthed Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab Updated 18 Dec, 2023 11:51am
Print FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY Federal Board of Revenue releases withholding tax data Updated 29 Nov, 2023 09:51am
Business & Finance Immovable properties in the UAE, UK: Rental income of resident Pakistanis taxable in country: expert ISLAMABAD: The rental income of resident Pakistanis, having immovable properties in the United Kingdom (UK) and... Updated 23 Oct, 2023 10:21am
Print Anti-Benami Adjudicating Authority becomes dysfunctional ISLAMABAD: The Anti-Benami Adjudicating Authority has become dysfunctional and cannot adjudicate/finalise references... Updated 18 Oct, 2023 08:43am
Business & Finance Real estate sector: FTO asks FBR to stay vigilant against market prices ISLAMABAD: The Federal Tax Ombudsman has strongly recommended to the Federal Board of Revenue (FBR) to remain... Published 22 Sep, 2023 03:33am
Print Immovable properties: FBR issues guidelines for taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) on Friday issued detailed guidelines for taxpayers to pay tax on... Updated 16 Sep, 2023 03:59pm
Print Immovable properties: FTO takes major step to help resolve valuation issue ISLAMABAD: The Federal Tax Ombudsman (FTO) has started a massive exercise to resolve the problems of the general... Updated 06 Sep, 2023 09:55am
Print PTBA asks FBR to take notice of sudden change in IRIS module LAHORE: Pakistan Tax Bar Association (PTBA) leadership has urged Chairman Federal Board of Revenue (FBR) to look... Updated 04 Sep, 2023 09:37am
Print Valuation of immovable properties: FBR suspends proposed increase till next month ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) has temporarily suspended a major increase... Updated 06 Aug, 2023 11:13am
Print Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a... Updated 05 Aug, 2023 03:08pm
Print NA panel told: Property transfers, registration halted due to Section 7E ITO ISLAMABAD: The registration and transfers of immovable properties across Pakistan has been totally stopped after... Updated 03 Aug, 2023 09:14am
Print Sale and purchase of immovable properties: FBR implements revised rates of withholding tax ISLAMABAD: The Federal Board of Revenue (FBR) from July 1, 2023, implemented upward revised rates of withholding... Updated 05 Jul, 2023 08:53am
Business & Finance Immovable properties: Tax authorities issuing ‘super tax’ notices LAHORE: Tax authorities are issuing notices of super tax to taxpayers against immovable properties on which no... Published 04 Jul, 2023 05:07am
Print ‘Tax on Deemed Income basis’ on immovable properties: Exemption only for persons appearing on Active Taxpayers’ List ISLAMABAD: The exemption from payment of “Tax on Deemed Income basis” on immovable properties would only be... Updated 28 Jun, 2023 09:00am
Business & Finance New condition imposed on sellers of properties ISLAMABAD: The government has imposed a major condition on the sellers or transferors of immovable properties to... Published 26 Jun, 2023 06:38am
Print Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to... Updated 17 May, 2023 11:20am
Print Budget proposals: PSX for digitization of cash transactions ISLAMABAD: Pakistan Stock Exchange Limited (PSX) has strongly proposed to digitize a huge portion of cash... Updated 07 May, 2023 09:45am
Print Immovable properties: FBR to unveil increased values from July 1 It is also to be noted that the FBR is presently pursuing the agenda of taxation reforms namely Pakistan Raises Revenue Project (PRRP) under the auspices of World Bank Updated 02 Apr, 2023 02:16pm
Print Immovable properties in Lahore FBR revises downward valuation rates ISLAMABAD: The Federal Board of Revenue (FBR) has revised downward valuation rates of the immovable properties... Updated 04 Jan, 2023 09:43am
Opinion Foreign assets declared under amnesty immune from CVT Capital Value Tax (CVT) was levied by the federal government in 1989 on transactions relating to acquisition of... Published 20 Jun, 2022 07:25am
Pakistan Immovable properties: Punjab govt to enhance ‘district rates’ from July 1 ISLAMABAD: In consultation with the Federal Board of Revenue (FBR), the Punjab government has decided to enhance... Updated 01 May, 2022 02:22pm
Print Immovable properties in 40 major cities: FBR revises valuation rates downwards ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday revised downward valuation rates of immovable properties ... Updated 04 Mar, 2022 11:33am
Print Immovable properties: New valuation rates notified thru SROs further suspended ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification on Wednesday to further suspend the new... Updated 03 Feb, 2022 10:23am
Print Immovable properties: New valuation tables to be re-notified on March 1 ISLAMABAD: The Federal Board of Revenue (FBR) has held in abeyance the new property valuation rates notified through... Updated 01 Feb, 2022 10:26am
Business & Finance Immovable properties: Enhanced values not suspended: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has not suspended the recently enhanced values of the immovable... Published 07 Dec, 2021 06:29am
Print FBR ready to revise downward values of immovable properties ISLAMABAD: The Federal Board of Revenue (FBR) is ready to revise downward the values of immovable properties in ... Updated 05 Dec, 2021 11:27am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
