Rahim Yar Khan, Pakistan: The Federal Board of Revenue (FBR) has issued a new notification, S.R.O. 1727(I)/2024, setting updated fair market values for immovable properties in Rahim Yar Khan. Acting under the powers granted by sub-section (4) of section 68 of the Income Tax Ordinance, 2001, and replacing the previous Notification No. S.R.O. 1262(I)/2022 dated August 1, 2022, the FBR aims to establish fair and current valuation rates.
This revision covers various property classifications within Rahim Yar Khan and is effective from November 1, 2024. Property owners, buyers, and industry stakeholders are encouraged to consult the new valuation list to ensure compliance with the updated rates.
The FBR’s move is part of an ongoing effort to enhance accuracy in property assessments and ensure that declared values more closely align with current market conditions, thereby supporting fair taxation practices across the country.
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For specific property rates and additional details, visit the official Property Valuation (Rates) by FBR.