FBR's 5 November 2026 notification changes the valuation rule for rural areas of Islamabad Capital Territory: the applicable value is now the latest valuation issued by the ADC Revenue/District Collector, Islamabad. It is not a new urban Islamabad rate table.
Obtain the latest applicable schedule and category
Urban ICT table
Not replaced by this one-paragraph rural-area amendment
Do not apply the rural rule to an urban sector without checking the governing entry
Tax rate
The notification changes the valuation reference, not a tax rate
Calculate applicable taxes separately under current law and filer status
Project approval
No approval or NOC is granted
Verify title, plan, NOC and transfer status independently
Buyer questions
Frequently asked questions.
What did FBR change for rural Islamabad property?+
SRO 2061 says valuation of rural areas of ICT will follow the latest valuation issued by the ADC Revenue/District Collector, Islamabad.
Does SRO 2061 publish new rates for all of Islamabad?+
No. The notification is a rule for rural ICT valuation and does not itself reproduce a complete urban or rural rate table.
Does this change the property tax rate?+
The notification changes the valuation reference in SRO 644. The tax or withholding calculation still depends on the applicable law, transaction and taxpayer status.
01
The confirmed change is narrow
FBR issued S.R.O. 2061(I)/2026 on 5 November 2026. It replaces paragraph 3 of S.R.O. 644(I)/2026 so that property valuation for rural areas of Islamabad Capital Territory is taken from the latest valuation issued from time to time by the Additional Deputy Commissioner (Revenue)/District Collector, Islamabad.
02
Why buyers should not use an old saved rate sheet
The wording points to the latest District Collector valuation rather than a permanently fixed value inside SRO 644. A buyer, seller or adviser should therefore identify the exact rural locality and property category, then obtain the latest schedule that applies on the relevant transaction date.
03
Do not extend the notification beyond its scope
SRO 2061 does not announce a blanket increase or decrease, does not publish a new urban Islamabad table and does not approve a housing scheme or project. It also does not by itself state the final tax payable. Those questions require the applicable valuation entry, transaction facts and current tax provisions.
04
Practical document checklist
Before transfer, match the property to the correct rural or urban classification, obtain the latest official valuation schedule, compare the exact property type and location, request a written tax and transfer calculation, and independently verify title, approved plan, NOC and transfer eligibility. FPN can help organize the property file, but buyers should obtain professional tax and legal advice for their transaction.
Verification note
Published by FPN on 11 November 2026 after checking FBR S.R.O. 2061(I)/2026 dated 5 November 2026 and FBR's official SRO/property-valuation listings. The notification replaces paragraph 3 of S.R.O. 644(I)/2026 only for rural areas of Islamabad Capital Territory. It directs users to the latest valuation issued from time to time by the Additional Deputy Commissioner (Revenue)/District Collector, Islamabad. FPN has not represented the notification as a new urban Islamabad valuation table, a tax-rate change, an approval, or a valuation for every property in ICT. Information may change after publication; always obtain the latest official document before acting.
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