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...
Property tax collection plunged 20 percent in July-April FY18
Punjab’s property tax collection fell 31.62 percent, to touch Rs2.66 billion in first ten months of FY18, compared to Rs3.88 billion in the same period of FY17
Remittances could be dented due to investment restrictions
As per market players, this stipulation announced in the budget for FY19 and set to apply from the 1st of July has hampered the flow of billions of dollars in investments in the realty sector
NAB’s top priority to return looted money: NAB Chairman
NAB has so far distributed Rs296 billion among different departments, affectees after recoveries from corrupt elements.
SBP governor ensures low-cost housing finance policy
The financial sector is instrumental for the national development of the country. The role of institutions contributing to this sector in various forms need to be not only highlighted; but also duly acknowledged
Dubai’s financial markets down 3.1pc, led by real estate sector
Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels.
Bahria Town Karachi prices plummet 20 percent post-SC verdict: Report
Real estate owners have said transactions in Bahria Town Karachi properties has dried up since the Supreme Court verdict late last week
Proposed real estate reforms could spark corrections in property prices: Report
The government's recently introduced measures for the real-estate sector could see properties getting registered at their true market value, but challenges remain
‘First right to purchase’ property unlikely to find takers
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi’s pet scheme to acquire the ‘first right to buy’ a property in a bid to discourage tax...
Escorts Bank approves increase in authorized share capital to Rs 3 billion for business expansion
Malik Riaz owned Bahria Town completed its acquisition of Escorts Investment Bank in January this year
FBR advocating for transfer of land on open market rate
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...
Subhani’s group to invest $3 billion in country’s real estate, energy and other sectors
LAHORE: Subhanis Group through its partner BMS International Commercial Investment is set to invest $3 billion in Pakistan’s real estate sector, energy,...
CCP concludes open hearings on issues related to real estate sector
KARACHI:Â The Competition Commission of Pakistan (CCP) concluded three open hearings on the real estate sector in Pakistan to give an opportunity to...
Non-taxpayers to be barred from purchasing real estate after July: Miftah
LAHORE: Adviser to Prime Minister on Finance Miftah Ismail has said that non-taxpayers will not be allowed to purchase real estate in the country...
Approval was not sought for tax amnesty scheme: FATF
ISLAMABAD: Financial Action Task Force (FATF) in a letter addressed to the government has expressed worries over the recently introduced tax amnesty...