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Pakistan Tax Compliance

FBR Property Value Disclosure 2025: Impact on Faisalabad Real Estate Market

FBR Property Value Disclosure 2025: Impact on Faisalabad Real Estate Market

The Federal Board of Revenue (FBR) has recently introduced a significant change in Pakistan’s taxation system with the FBR property valuation initiative for 2025. This move requires taxpayers to disclose the fair market value of their immovable assets while filing FBR tax return 2025 forms. The policy aims to enhance transparency, curb underreporting, and improve FBR tax compliance across the country....