As per Finance Act, 2016/17, an amendment in Section 68 (4) requires determination of fair market value through approved panel of the State Bank of Pakistan (SBP). Accordingly, SBP has issued its Panel of Valuers. The panel will remain effective till the time SECP issues its regulatory regime for valuers and necessary amendment in law is made. Fresh applications for placement of valuers on SBP approved panel can be submitted to Director, BPRD, SBP on the prescribed format.
-PR