FBR Sets New Fair Market Values for Gujrat Properties

Gujrat, Pakistan:ÂThe Federal Board of Revenue (FBR) has issued notification S.R.O. 1692(I)/2024, revising fair market values for immoveable properties in Gujrat. This update, effective from November 1, 2024, replaces the previous notification S.R.O. 338(I)/2022, dated March 2, 2022, in accordance with sub-section (4) of section 68 of the Income Tax Ordinance, 2001.

This change affects valuations for various property types across Gujrat, aiming to reflect current market values accurately.

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For specific property rates and additional details, visit the official Property Valuation (Rates) by FBR.

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