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Government will address concerns of real estate sector immediately, Ishaq Dar

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Islamabad: Finance Minister Ishaq Dar has said that the government will address concerns of the real estate sector on a priority basis, states a news report.

According to details, Dar agreed that fair market rates quoted by the Federal Board of Revenue in its valuation tables are much higher than the DC rate and said that valid concerns of real estate stakeholders about the difference in rates will be addressed.

He also made it clear that real estate taxes will not be calculated on the basis of two different rates.