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 Zardari 

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%  

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 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