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
PM directs banks to simplify application process for housing loans
ISLAMABAD: Prime Minister Imran Khan on Thursday instructed commercial banks to simplify the application process for house building loans in order to facilitate low...
Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department
It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.
Zameen.com’s Pakistan Property Show set to return to Dubai
Pakistan’s top property portal Zameen.com is set to take the country’s real estate market
international again with the latest edition of its highly successful Pakistan...
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...
Cement despatches decline by 24.19% during March
ISLAMABAD: Cement despatches declined by 24.19% in March, 2023. Total cement shipments during March this year were 3.795 million tons against 5.006 million tons...
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...
RCCI President for broader tax base, business friendly policies
RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI) Zahid Latif Khan on Wednesday urged the Federal Board of Revenue (FBR) Chairman to introduce...
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
ABAD demands incentives to attract investment from overseas Pakistanis
ISLAMABAD: The Federal Minister of State for Capital Administration and Development Dr Tariq Fazal Chaudhary appreciated the role of Association of Builders and Developers...
Govt needs to rethink ban on non-filers from investing in property: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President Muhammad Naveed Malik has called upon the government to review the decision of putting...
Rs35 ml released for construction of Khazana Dam, Balochistan, Senate told
ISLAMABAD: A sum of Rs35 million has already been released earlier this year to provincial irrigation department for constructing Khazana Dam, Zimri, district Musakhel in ...
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and five years...
Has CPEC hit a major roadblock?
China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans
TAPI gas transportation, transit fee agreements to be signed in 2018-19
Through the TAPI gas pipeline, funded by Asian Development Bank (ADB), Pakistan and India would be provided 1.325 bcfd gas each and Afghanistan would get 0.5 bcfd gas.
