Federal Insurance Ombudsman provides financial relief of Rs2.32 billion to policyholders in 2024
FIO tackles insurance fraud, while FOSPAH resolves 82% of property deprivation cases; annual report presented to President ZardariÂ
RDA declares 157 housing schemes illegal, seeks ban on property transactions
Authorities warn citizens against investing in unapproved projects
PM orders crackdown on sugar hoarders amid Ramazan price surge
Prices reach Rs171.9 per kg as sugar becomes 30% more expensive since November
FBR records 54% rise in sales tax from sugar sector as retail prices remain high
Rs24bn collected in two months; sugar exports surge 2,188%, fueling price hike
Zarea Limited announces expansion into local coal supply chain
Expansion expected to significantly boost revenue growth, diversify income streams, and unlock new opportunities; company’s stock rises by 4.33% Â
SECP approves major amendments to insurance regulatory framework
Amendments aim to strengthen insurance industry’s risk absorption capacity, bolster financial stability, and provide greater protection for policyholders
Punjab unveils property tax reforms; exemptions for affordable housing introduced
Non-filer exemptions on property purchases expected to boost real estate sector
Pakistan’s rice exports surge 19% in first half of FY25, projected to hit $4.5bn
Exporters overcome global trade challenges; Basmati demand drives growth
Punjab govt finalizes land-use and zoning plans for 32 districts
New land-use plans aim to protect agricultural land and regulate urban expansion
FBR considers cutting withholding tax, reviewing 5% FED for first-time homebuyers
Task force formed to align property taxes with market; realtors show optimism about the upcoming incentive package
Adamjee Insurance faces half-billion-rupee loss from Dubai floods
The company’s Pakistan operations remained profitable, but losses from its UAE auto business severely dampened overall net income
Unemployment rises to 7% as Pakistan struggles with job creation
Planning Commission urges reforms as inflation pressures mount
Tax Bar Association urges larger bench to resolve tax disputes over foreign property income
Conflicting rulings create uncertainty for Pakistani residents owning properties in UAE and UKÂ
D.M. Textile Mills shifts principal business line to real estateÂ
Company says it has successfully paid off its long-term liabilities to financial institutions; requests removal from PSX defaulter segment
LDA sets record with Rs2.47bn auction revenue in December
Lahore Development Authority approves 8,610 building plans, recovers 850 kanals of land, and upgrades 110 roads in 2024