FBR Updates Fair Market Value of Immovable Properties in Abbottabad

Islamabad, Pakistan: The Federal Board of Revenue (FBR) has issued a notification updating the fair market value of immovable properties in Abbottabad.

The notification, S.R.O. 1679(I)/2024, specifies the new fair market values for various types of properties in the region. The updated values will be used for determining stamp duty, capital gain tax, and other relevant taxes.

This move by the FBR aims to ensure accurate valuation of properties and prevent tax evasion. The updated fair market values will help the government collect appropriate taxes and ensure equitable distribution of the tax burden.