ECC decision on housing finance to be approved by Cabinet today
ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision on housing...
SHC summons Revenue officials in case against land allocation
According to details, the officials of District Administration Mirpurkhas during the hearing pleaded the court to vacate the June, 2017, stay against Shaheed Mohtarma Benazir Bhutto Township.
Cement industry riding a profit boom but bracing for a softer quarter
Eid tends to slow down construction activity, but after a rough few years, the industry finally has some breathing room
Approval of building plans being deliberately delayed by MCL: sources
LAHORE: A total of 610 residential, commercial and industrial building plans have been awaiting approval from the Municipal Corporation Lahore (MCL) for the last...
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
Hubco, FWO Enjazat sign MoU for cooperation in energy, water, mining sectors
HUBCO has signed a MoU with FWO Enjazat L.L.C to explore collaboration on various business opportunities in energy, water and mining sectors.
FBR suspends notices issued to builders, developers
KARACHI:Â Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and Developers of...
FBR sets minimum profit rates for builders and developers in new tax scheme
Taxable profits are set at fixed rates of 10%, 15%, and 12% for different categories of construction sector
KP’s tax cuts may help revive construction industry from Covid slump
PESHAWAR: Senior officials at the Khyber Pakhtunkhwa (KP) Board of Revenue said on Monday that the provincial government has reduced taxes on the construction...
Special Economic Zones to get electricity, gas
The cost of providing these utilities to the economic zones would be met through the Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)
Pakistan’s long-steel sector poised for gradual recovery due to govt support, post-flood reconstruction demand
Recovery expected to be driven by domestic demand, not exports or efficiency, potentially adding pressure to the external account
CWDP approves three development projects worth Rs76.5b
ISLAMABAD: The Central Development Working Party (CDWP) cleared three development projects worth Rs 76.5 billion during its meeting held on Tuesday under the chairmanship...
FBR details new tax rules for builders and developers
Tax body makes amendments to the Income Tax Ordinance 2001; new guidelines aim to enhance tax collection from the real estate sectorÂ
FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman
KARACHI:Â The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats and other...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5 million from...
