Property Tax in Karachi (TY 2025-26)

Karachi property transactions face the standard federal stack — Section 236C 3%/10% (seller WHT), Section 236K 3%/10.5% (buyer WHT), Section 7E 1% on deemed income for properties above PKR 25 million, and Section 37(1A) CGT on disposals within five years — plus Sindh provincial stamp duty (currently 3-4% of FBR-notified value), CVT, registration fees, and Sindh Building Control Authority charges where applicable.

FBR's Karachi valuation tables are gazetted by district and zone. DHA Phase VI/VII/VIII rates are several multiples of inner-city or peri-urban rates. The valuation table — not the declared price — is the base for every federal WHT. Sellers attempting to under-declare to reduce stamp duty don't reduce their 236C burden; the FBR table is the floor.

Practical Karachi-specific issues: KSB (Karachi Sub-Registrar Building) procedures, Sindh Revenue Board e-stamping, conflicting jurisdictional claims between CDA and SBCA in some zones, and the persistent challenge of conveyance deeds with informal sale agreements (allotment letters, possession documents) preceding the formal registry transfer. Each layer can complicate WHT crediting if not documented carefully on the IRIS return.