Taxation

Person holding vehicle token tax card

How to Calculate and Pay Vehicle Token Tax Online in Punjab

November 23, 2022

Road tax for vehicles in Pakistan is commonly known as “token tax” as once the tax is paid, a token or sticker is provided by the provincial excise and taxation department. The token display on the vehicle allows the owners to drive in any province without facing any problems. In[...]
how to pay the motor tax online in sindh

How to Pay the Motor Tax Online in Sindh

November 10, 2022

In addition to digitising Sindh's Excise and Taxation Department, the provincial administration has made yet another notable move to assist the residents of Sindh. It recently introduced a website that enables vehicle owners to pay their taxes online. This service saves them the trouble of travelling to the relevant government[...]

How to Check Property Tax Online in Punjab

August 20, 2022

Taxation is a complex matter and requires property owners to have a thorough knowledge of it. This not only includes the tax rates but also information on the tax authorities, and where and when the tax is to be deposited. Graana.com, Pakistan’s smartest property portal, takes a look at the[...]

FBR Property Valuation of Major Cities in Pakistan

August 5, 2022

In 2016, the Federal Board of Revenue (FBR) was authorised to notify property valuations in urban centres of Pakistan. Since then, the tax authority has raised the valuation of property three times. These changes were made in 2018, 2019, and, most recently, in December 2021.  Graana.com, Pakistan’s smartest property portal,[...]
The Impact of DC Valuation on Real Estate Market

DC Valuation: The Impact on Real Estate Market

August 4, 2022

With rising uncertainty in the stock and bond markets, more people have started to invest in real estate as it is less volatile and offers a higher return on investment. On the other hand, some are still reluctant to invest in this sector due to flawed government policies. One such[...]
FBR Assets Inquiry

FBR Assets Inquiry: What You Need to Know

July 6, 2022

Governments around the world are utilising several technological tools to make processes easier, efficient, and error-free. Following their lead, the government of Pakistan has also introduced the FBR Assets Inquiry online portals to provide convenience to the citizens.  With the help of these portals, citizens can get all the details[...]
zakat on property and property tax

Difference between Zakat on Property and Property Tax

August 19, 2020

We have noticed that a lot of people seem to be confused between zakat and property tax. At first glance, both zakat and property tax look the same but in reality, both of them are poles apart from each other. In this article, we bring you a concise yet informative[...]

LDA commits to Federal Government’s construction package

July 14, 2020

LAHORE: In accordance with Prime Minister Imran Khan’s vision, the Lahore Development Authority has committed to the Federal Government’s incentive package under the guidance of Chief Minister Punjab.  Under the initiative, the authority will approve the building plans of all residential, commercial, industrial and warehouse projects within 30 days of[...]

CDA approves development budget worth Rs49bn

June 19, 2020

ISLAMABAD: The Capital Development Authority (CDA) Board granted approval for the development budget worth Rs49 billion, for the financial year 2020-21. The board meeting informed that the expected expenditures will cost around Rs39 billion. Around Rs24.5 billion out the total will be utilised to complete 89 development projects, out of[...]
Drive for registration of Islamabad estate agencies kicks off

Drive for registration of Islamabad estate agencies kicks off

January 29, 2020

ISLAMABAD: Chief Commissioner Islamabad Amir Ali Ahmed, who is also serving as Secretary Excise & Taxation Department,  has announced the initiation of the much-anticipated drive to register estate agencies and property offices in Islamabad. A delegation consisting of Islamabad Estate Agents Association President Tahir Mehmood, General Secretary Chaudhary Zahid Rafique,[...]