Four more branches of National Bank of Pakistan will collect Capital Value Tax (CVT) on property transactions from July 1, 2011. The Central District Registrar Karachi has made these arrangements with the National Bank of Pakistan.
The new NBP branches selected to collect CVT on property are in Civic Centre, New Karachi. Quaidabad, Clifton, Defence and Bara Board (Nazimabad).
Before these branches only two NBP branches at Passport Office and City Court were allowed to collect CVT.