Printer Friendly

FBR increases taxes on sale of property in 20 cities, including Peshawar.

Peshawar -- Federal Board of Revenue (FBR) has increased career market values in more than 20 big cities, including Peshawar, sources said on Thursday.

According to details, the raise in taxes has been made between 40 to 45 percent and this would be in advance income tax and capital gain tax over the sale of property in Peshawar and other cities.

In this regard, FBR has issued details for Peshawar, Mardan, and Abbottabad.

Besides, 30 percent increase has been made on property sale in almost 20 big cities. Following the recent increase, market value in some areas has been increased up to 90 per cent and 95 percent.

COPYRIGHT 2019 Knowledge Bylanes
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Geographic Code:9PAKI
Date:Jul 26, 2019
Words:139
Previous Article:Dialogue process is necessary for regional peace : Speaker NA.
Next Article:NAB to recover plundered money from corrupt elements : Chairman.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters