ISLAMABAD: The Federal Board of Revenue (FBR) has revised the valuation tables for immovable properties in selected areas of Lahore and Rawalpindi through separate notifications issued on May 19, 2026.
According to S.R.O. 876(I)/2026, the FBR has updated the valuation of immovable properties located in Nishtar Town, Lahore. The revised rates will apply for the purpose of calculating taxes on the sale, purchase and transfer of properties under the Income Tax Ordinance, 2001.
In a separate notification, S.R.O. 877(I)/2026, the tax authority revised property valuation rates for various sectors and phases of DHA Rawalpindi.
The updated valuation tables are expected to impact withholding taxes and capital gains tax calculations applicable to property transactions in the notified areas.
FBR periodically revises property valuation rates to align official values with prevailing market prices and to improve tax collection from the real estate sector. The valuation tables issued by the tax authority are commonly used for taxation purposes in property transfers, registrations and declarations.
Real estate stakeholders, including buyers, sellers, investors and property dealers operating in Lahore and Rawalpindi, are advised to review the revised valuation schedules to assess the tax implications on ongoing and future transactions.
The revised valuations have come into effect immediately following the issuance of the notifications dated May 19, 2026.
