Sargodha, Pakistan:ÂThe Federal Board of Revenue (FBR) has issued notification S.R.O. 1721(I)/2024, updating the fair market values for immovable properties in Sargodha District, effective November 1, 2024. This new valuation supersedes the previous rates established in S.R.O. 1257(I)/2022, dated August 1, 2022.
This update, enacted under sub-section (4) of section 68 of the Income Tax Ordinance, 2001, aims to ensure that property assessments are aligned with current market conditions, fostering transparency and accuracy in real estate transactions throughout Sargodha.
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For specific property rates and additional details, visit the official Property Valuation (Rates) by FBR.
