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 UK 

D.M. Textile Mills shifts principal business line to real estate 

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

FBR exempts overseas Pakistanis from higher real estate taxes

New digital system streamlines verification for POC and NICOP holders

Software payments to be treated as business income; Supreme Court

Payments if treated as business income instead of royalties, should not be taxed in Pakistan as per the DTA

Everything you need to know about BYD’s booking process

Booking confirmations are issued within two days, with deliveries beginning from January 2025, says BYD Pakistan's VP of Sales and Strategy

Crackdown begins on owners of luxury houses to recover unpaid tax

One-time luxury tax applies to homes built after 2000 with a minimum of two kanals or 6,000 square feet of construction 

FBR set to raise property valuation rates by up to 100% in major cities

Revised property rates to cover 42 cities, with plans to expand to more urban centres

FBR removes holding period for property capital gains tax

New tax rates on property sales apply from July 1, 2024