FBR reviews property valuation for balanced tax framework

Islamabad: The Federal Board of Revenue is reviewing the existing property valuation system to develop a more balanced and sustainable tax framework for the real estate sector. According to reports, FBR valuation rates in several areas had gradually moved closer to market prices, but stakeholders argued that higher benchmark rates slowed buying and selling activity. Officials are now considering a model that protects government revenue while avoiding excessive pressure on market growth and investment sentiment. Analysts say a more practical valuation structure could improve tax transparency, restore investor confidence, and support healthier property transactions. If adopted carefully, could this revised valuation model help stabilize both tax collection and real estate activity?