{"id":96994,"date":"2024-05-02T16:54:47","date_gmt":"2024-05-02T11:54:47","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96994"},"modified":"2024-05-02T16:54:48","modified_gmt":"2024-05-02T11:54:48","slug":"fbr-plans-property-value-revisions-soon","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-plans-property-value-revisions-soon.html","title":{"rendered":"FBR to revise property values on coming July 1"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) is set to release updated property values starting July, after a two-year hiatus since the last valuation in March 2022, as reported in a news article on May 2.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-sets-new-dates-tax-returns.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR allows more time for filing tax returns<\/a><\/p>\n\n\n\n<p>According to the details, this initiative aims to incorporate new housing societies into the tax net. The FBR has initiated the process of updating property valuation tables nationwide in collaboration with provincial authorities. Initially proposed increases were temporarily suspended until September 2023, as agreed between the FBR and the real estate sector.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-lists-lahores-tax-evading-businessmen.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR lists Lahore\u2019s tax-evading industrialists, businessmen<\/a><\/p>\n\n\n\n<p>Committees were formed in each city to determine new values in consultation with real estate associations. Developers and builders then worked with regional tax offices to finalize these values, which were submitted to the FBR.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) is set to release updated property values starting July, after a two-year hiatus since the last valuation in March 2022, as reported in a news article on May 2. Read: FBR allows more time for filing tax returns According to the details, this initiative aims to incorporate new housing societies into the tax net. The FBR has initiated the process of updating property valuation tables nationwide in collaboration with provincial authorities. Initially proposed increases were temporarily suspended until September 2023, as agreed between the FBR and the real estate sector. Read: FBR lists Lahore\u2019s tax-evading industrialists, businessmen Committees were formed in each city to determine new values in consultation with real estate associations. Developers and builders then worked with regional tax offices to finalize these values, which were submitted to the FBR.<\/p>\n","protected":false},"author":88,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54453,19230,58191],"persona":[],"class_list":{"0":"post-96994","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-fbr-news-and-updates","9":"tag-federal-board-of-revenue-fbr","10":"tag-new-property-sales","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR Plans Property Value Revisions Soon- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad&#039;s FBR to unveil revised property values in July after a two-year gap since March 2022 valuation, news on May 2 confirms.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-plans-property-value-revisions-soon.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR Plans Property Value Revisions Soon- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad&#039;s FBR to unveil revised property values in July after a two-year gap since March 2022 valuation, news on May 2 confirms.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-plans-property-value-revisions-soon.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-02T11:54:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-02T11:54:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR Plans Property Value Revisions Soon- Zameen News","description":"Islamabad's FBR to unveil revised property values in July after a two-year gap since March 2022 valuation, news on May 2 confirms.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-plans-property-value-revisions-soon.html","og_locale":"en_US","og_type":"article","og_title":"FBR Plans Property Value Revisions Soon- Zameen News","og_description":"Islamabad's FBR to unveil revised property values in July after a two-year gap since March 2022 valuation, news on May 2 confirms.","og_url":"https:\/\/www.zameen.com\/news\/fbr-plans-property-value-revisions-soon.html","og_site_name":"Pakistan Real Estate News &amp; 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