Tag: property prices

FBR sets new prices for real estate in Islamabad, Karachi

The FBR has directed all its chief commissioners to personally monitor the matter as it involves substantial revenue implications. They have been informed that under the ordinance, withholding tax on the sale and purchase of immoveable property will be collected by the FBR according to the notified rates.

New tax measures create uncertainty in property market

There is a lot of variation in the value of even adjacently located properties as they are completely dependent on market forces.