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Karachi Tax Bar Highlights Challenges in Property Valuation


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Karachi Tax Bar Highlights Challenges in Property Valuation
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01-29-2025, 07:51 AM
Karachi Tax Bar Highlights Challenges in Property Valuation

The Karachi Tax Bar Association (KTBA) has raised serious concerns about the fair market value (FMV) assessment for multi-storied built-up properties in Karachi. These concerns stem from ambiguities introduced by the Federal Board of Revenue (FBR) through Notification SRO 1724(I)/2024, issued on October 29, 2024, which has disrupted property transactions and created operational challenges. In […]


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