Federal Board of Revenue Sets New Market Value Rates for Attock District Properties

Islamabad, Pakistan:In a recent update, the Federal Board of Revenue (FBR) has issued a notification (S.R.O. 1680(I)/2024) revising the fair market value for immovable properties across various areas and categories in the Attock District. This revised valuation, which is set to take effect from November 1, 2024, has been determined under the powers granted by sub-section (4) of section 68 of the Income Tax Ordinance, 2001.

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The new rates aim to align property values more closely with current market dynamics and replace the previous valuation from S.R.O. 1736(I)/2022 issued on September 13, 2022. This move is expected to bring greater transparency and accuracy in property transactions within the district.

Property buyers, sellers, and industry stakeholders in Attock District are advised to review the updated valuation table provided by the FBR, which categorizes properties by area and type, to understand how these adjustments may impact their transactions.

For more details on the revised market values, individuals and entities are encouraged to consult the FBR’s official publication or contact local FBR offices.

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

 

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