FBR hikes property valuation in Multan for 2024

Multan’s new rates will affect key federal taxes, such as capital gains and withholding tax
A representational image. — Depositphotos
A representational image. — Depositphotos

The Federal Board of Revenue (FBR) has increased property valuation rates in Multan, effective November 1, as part of a nationwide update impacting 56 cities.

These revised rates, based on factors like property type and locality, aim to enhance tax collection and channel investments toward the formal economy.

Read more: FBR's latest property valuation rates for Islamabad

Multan’s new rates will affect key federal taxes, such as capital gains and withholding tax. For a detailed breakdown, visit the FBR’s official site.

Let's take a look at the detailed rates — which are also available on the FBR website.