Trends - property tax - Business Recorder

Business & Finance

KP govt intensifies property tax recovery drive

PESHAWAR: The Khyber Pakhtunkhwa Excise, Taxation and Narcotics Control Department has intensified its ongoing...

Published 29 Dec, 2025 05:16am

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ETPB-managed properties: SC CB suspends PHC’s tax levy verdict

ISLAMABAD: The Constitutional Bench of the Supreme Court suspended the Peshawar High Court (PHC) judgment allowing...

Updated 01 Nov, 2025 09:10am

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Low-cost housing: need for prudence

There is an ongoing housing crisis in several European countries attributed to locals renting out to tourists,...

Updated 02 Jun, 2025 07:42am

Business & Finance

PECO factory sealed over non-payment of Rs1.9mn property tax

The Excise and Taxation Department of the Punjab government has sealed the factory premises of Pakistan Engineering...

Published 29 May, 2025 11:46am

Business & Finance

PE&TD announces crackdown on property tax defaulters

LAHORE: The Punjab Excise And Taxation Department has announced a decisive crackdown on property tax defaulters as...

Published 15 Mar, 2025 06:30am

Business & Finance

Real estate sector: FBR asked to grant tax relief incentives

ISLAMABAD: A foreign investor in the real estate sector on Wednesday proposed the Federal Board of Revenue (FBR) for...

Published 20 Feb, 2025 07:21am

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Karachi’s properties: FBR overhauls valuation criteria

ISLAMABAD: The Federal Board of Revenue (FBR) has revised criteria for calculation of values of commercial...

Updated 12 Feb, 2025 08:40am

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Transfer of plots, commercial property: FED expected to be withdrawn

ISLAMABAD: The federal excise duty (FED), levied through the Finance Act, 2024, on transfer of plots and commercial...

Updated 10 Feb, 2025 09:17am

Business & Finance

Centre asked to reduce property transfer tax rates like KP govt

PESHAWAR: Advisor to the KP Chief Minister on Finance and Inter Provincial Coordination (IPC) Muzammil Aslam said on...

Published 04 Feb, 2025 06:29am

Business & Finance

Immovable property: Govt urged to rationalise ‘prohibitive’ federal taxes

LAHORE: Former regional chief of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Dr Muhammad Arshad...

Published 03 Feb, 2025 06:41am

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Housing sector: task force finalises recommendations

ISLAMABAD: Task Force for development of housing sector has recommended abolition of section 7E of the Income Tax...

Updated 03 Feb, 2025 03:07pm

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FMVs: KTBA says FBR notice freezes property registrations

KARACHI: Property registrations for multi-story buildings in Karachi have come to a standstill following the Federal...

Updated 30 Jan, 2025 09:12am

Business & Finance

Property tax to be determined on DC value

LAHORE: The Punjab Excise and Taxation Department has modified property tax under which it will be determined based...

Published 25 Jan, 2025 06:22am

Business & Finance

SCCI, E&T dept to form body for resolution of property tax issues

PESHAWAR: Business community and officials of the KP Excise, Taxation and Narcotics Control Department have decided...

Published 06 Jan, 2025 05:47am

Business & Finance

SBA opposes increase in property tax

PESHAWAR: A meeting of the Sarhad Business Alliance (SBA) was held under the join chairmanship of Haji Ghulam Ali...

Published 25 Nov, 2024 06:36am

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Raising property valuations

EDITORIAL: In a significant move, the FBR has substantively increased valuations of immovable properties by up to 75...

Published 31 Oct, 2024 06:55am

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56 cities: Values of immovable properties revised upward by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday substantially raised values of immovable properties up to 75...

Updated 30 Oct, 2024 03:45pm

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Govt may collect Rs300bn from agri tax

FBR asks provinces to adopt federal schedule of income tax for collection of agricultural income tax

Updated 14 Oct, 2024 03:17pm

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Immovable property: DHA challenges imposition of FED

ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General...

Updated 30 Sep, 2024 09:28am

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FED on allotment or transfer of commercial properties challenged

ISLAMABAD: The federal excise duty (FED), recently levied through the Finance Act, 2024, on transfer of plots and...

Updated 28 Sep, 2024 09:21am

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Property taxpayers urged to avail 5pc rebate offer

MULTAN: The Excise and Taxation Department urged property taxpayers to benefit from the Punjab government’s five...

Updated 23 Sep, 2024 03:24pm

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Petition against property tax revision: IHC issues notices to ECP and MCI

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, issued notices to the Metropolitan Corporation of Islamabad...

Published 15 May, 2024 05:47am

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KP govt launches GIS-based CUIPTMIS

PESHAWAR: The Khyber Pakhtunkhwa government has successfully launched GIS-based Centralized Urban Immovable Property...

Published 19 Feb, 2024 05:24am

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Property registration in Punjab: Mega WHT evasion scam unearthed

Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab

Updated 18 Dec, 2023 11:51am

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Improving tax compliance

The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax...

Published 03 Oct, 2023 06:02am

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Punjab cabinet decides to fill post of president PPCBL

LAHORE: The Punjab caretaker cabinet, which met with Chief Minister Punjab Mohsin Naqvi in the chair, decided to ...

Published 26 Aug, 2023 06:13am

Business & Finance

FY24-FY26: Punjab plans to boost property tax collection thru mobilisation strategy

LAHORE: The Punjab government was planning to reform the property tax system to make it more transparent, ...

Published 15 Jul, 2023 06:08am

Business & Finance

Punjab E&T dept sets Rs4.93bn tax collection target

LAHORE: The Punjab Excise & Taxation Department has fixed a tax collection target of Rs4.93 billion this year,...

Published 09 Jun, 2023 06:20am

Business & Finance

Sindh LG Dept to collect property tax across province

KARACHI: Additional Chief Secretary Local Government Sindh, Syed Najam Ahmad Shah has directed the administrators of...

Published 04 May, 2023 04:26am

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Levying IT on deemed rental income ‘illegal’: LHC

LAHORE: The Lahore High Court declared levying income tax on ‘deemed rental income’ of properties as illegal....

Updated 07 Apr, 2023 08:49am