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.

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