These are property base value decided by.Federal Govt. called FBR. These were used first time for financial year 2016-2017.
Previously only 1 rate was under consideration by Govt as DC Rates also called as District Collector Rates.
For financial years 2016-2017 DC Rates were used to collect the Stamp Duty and CVT. These are provisional taxes where as Advance Tax on Purchase and Sale was use to collect on FBR value for financial year 2016-2017.
Due to difference between DC and FBR value amnesty scheme was announced.
Let see what happen in financial year 2017-2018.
Buy Sell Property Plot House File Dha Lahore Gujranwala Multan Bahawalpur Peshawar & Gwadar Contact Faraz 0321-4000646 Islam Estate ® For Property Rates Updates visit www.DhaRealEstate.pk