Business community can enable Pakistan to become an economic giant: Mayor Lahore
LAHORE:Â Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...
President promulgates Naya Pakistan Housing, Development Authority Ordinance
The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.
PM reassures builders of all-out cooperation
ISLAMABAD:Â Prime Minister Imran Khan has reassured the investors in the construction sector that the government is committed to removing any obstacle in...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
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...
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to...
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...
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
After a complete plummet, Pakistan’s cement industry is seeing healthy margins again. What prompted the comeback?
After plummeting to below 5% in 2020, the cement sector's gross margins have surged back to 25% in 2023, but haven’t quite hit the highs of nearly 50% they had in 2012
First ‘Weaving City’ to be set up at M-3 Industrial Estate
FAISALABAD: The first 'Weaving City' will be established on 100 acres of land at M-3 Industrial Estate to help organise the power...
KCR, ML-1 projects of CPEC to hit the ground soon, says Planning secretary
Karachi Circular Railway (KCR) and up gradation of Pakistan’s Railway ML-I projects are the main focus in transport infrastructure sector to be implemented in the current phase of China Pakistan Economic Corridor (CPEC).
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...
PM Khan says development of construction sector key to economic stability, growth
ISLAMABAD: Prime Minister Imran Khan on Thursday said that the development of the construction sector is the key to stability and growth...
Business community urges govt to avoid excessive focus on construction sector
KARACHI: Business community and economic experts on Sunday appreciated Prime Minister Imran Khan's decision to develop the construction sector but warned that...
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.