Property tax calculator

Advance income tax that the buyer pays under section 236K of the Income Tax Ordinance when a property is transferred to them. For tax year 2027 it is 1.25% of the value for a buyer on the Active Taxpayers List, whatever the value: Rs 250,000 on a Rs 2 crore house. A buyer who is not on the list pays 10.5% up to Rs 5 crore, 14.5% up to Rs 10 crore and 18.5% above that, so Rs 2,100,000 on the same house. The value is the price or the FBR value, whichever is higher. A developer or society selling on installments collects it with each installment.

From 1 July 2026 the seller's advance tax under section 236C is 2.75% of the value for a seller on the ATL, whatever the price, and 11.5% for a seller who is not: Rs 550,000 or Rs 2,300,000 on a Rs 2 crore sale. Until 30 June 2026, in tax year 2026, filers paid 4.5% to 5.5% and late filers 7.5% to 9.5%, depending on the value. It is collected when the transfer is registered. Capital gains tax on the sale is worked out separately, and the 236C counts against it.

Yes. Both are advance income tax: when you file your return they count against the income tax you owe for the year, and the seller's 236C counts against the capital gains tax on the same sale. On a Rs 2 crore house bought in March 2024 for Rs 1.5 crore and sold in October 2026, the Rs 550,000 of 236C covers the Rs 375,000 capital gains tax. There are two exceptions. If you buy and sell within the same tax year, the 236C is a minimum tax: it is not refunded even where it comes to more than your tax. And for a non-resident who bought through a foreign currency or non-resident rupee value account (FCVA or NRVA), the advance tax is the final tax. A non-filer gets no credit for either until a return is filed.

A late filer is someone who filed the income tax return after the due date. From 1 July 2024 to 30 June 2026 late filers had their own, higher rates of 236K and 236C. The Finance Act 2026 abolished them, so from 1 July 2026 a late filer on the Active Taxpayers List pays the same as an active filer: 1.25% as a buyer and 2.75% as a seller. The catch is getting back on the list. After a late return an individual has to pay a Rs 25,000 surcharge (it was Rs 1,000), or undertake not to buy any property for 6 months, which suits a seller but not a buyer. Until then the non-filer rates apply.

It depends on when you bought it. Property bought on or before 30 June 2024 pays no capital gains tax once it has been held for more than 6 years if it is an open plot, 4 years if it is a house or other building, and 2 years if it is a flat; before that the rate steps down from 15% year by year. Property bought on or after 1 July 2024 pays 15% of the gain however long you keep it, if you are on the ATL when you sell. Either way the 2.75% advance tax under 236C is still collected on the sale. For a house you have lived in and declared in your wealth statement for the last 15 years, the Commissioner can certify it free of 236C, once in 15 years.

A non-filer pays 10.5% to 18.5% advance tax as a buyer and 11.5% as a seller, against 1.25% and 2.75% for a filer. On a Rs 2 crore house that is Rs 1,850,000 more for the buyer and Rs 1,750,000 more advance tax for the seller. To become a filer, register with the FBR and file your income tax return on its IRIS portal. Once the return is in, and the surcharge paid if it was late, you appear on the Active Taxpayers List and the next transfer is taxed at the filer rates. Do it before the transfer is registered: the rate depends on your status on that day.

The buyer pays the 236K advance tax and the seller pays the 236C advance tax, both when the transfer is registered. The seller then pays capital gains tax on any gain with the income tax return, less the 236C already paid. Stamp duty, the registration fee and other provincial or local charges fall on the transfer as well, usually paid by the buyer unless the deal says otherwise. They are not in this calculator because they differ by province and city.

No. The federal excise duty of 3%, 5% or 7% on commercial property and on a developer's first sale of plots and homes applied only from 1 July 2024 to 30 June 2025, when the Finance Act 2025 withdrew it. The yearly tax on deemed income from property under section 7E is gone too: the Federal Constitutional Court struck it down in May 2026 and the Finance Act 2026 removed it from the law. Rates as of September 2026.