Gwadar, Pakistan:The Federal Board of Revenue (FBR) has issued S.R.O. 1725(I)/2024, setting new fair market values for immovable properties in Gwadar, effective from November 1, 2024. This revision, made under the powers granted by sub-section (4) of section 68 of the Income Tax Ordinance, 2001, supersedes the previous Notification No. S.R.O. 1271(I)/2022 dated August 1, 2022.
This update establishes the fair market value in rupees for a range of property types across Gwadar, covering residential, commercial, and agricultural areas. The adjustment is part of the FBR’s ongoing efforts to align property valuations more closely with actual market values, ensuring better transparency and compliance in tax calculations.
Property owners and relevant stakeholders in Gwadar are encouraged to review these updates to remain compliant with the latest tax guidelines.
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For specific property rates and additional details, visit the official Property Valuation (Rates) by FBR.
