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I am about to buy a 5 Marla house in H1 Johar Town Lahore.
I want to know how much tax i have to pay.
Johar Town per Marla Value in FBR is 468000 so the total value will be (468000 x 5)=2340000
Based on your very nice property-tax-calculator there is only CVT & Stamp Duty 5% (RS 117000) due as the value is less than 4 Million.

Am i correct assuming that 117000 is the only thing i have to pay in terms of taxes or can it be based on the actual value of property (1 crore), i am a non-filer overseas Pakistani.

Thanks a lot for your help

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Dear Junaid,

As far as Stamp duty is concerned your calculations are correct, however you will have to pay some other charges to LDA for registry etc for which you should contact your lawyer or estate agent in that region.

Jazak Allah

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