Islamabad: According to a report on July 8, the Federal Board of Revenue (FBR) has declared the availability of new refund forms for the tax year 2024. This announcement is part of a broader effort to streamline the tax filing process and improve compliance among various taxpayer categories. The specifications indicate that the new forms are intended for salaried individuals, businesses, associations of...
Details indicate that going forward, the CDA will only purchase electric motorcycles, which is a big step in the right direction to reduce pollution in the environment. By phasing out conventional motorcycles and introducing eco-friendly electric buses, the CDA aims to significantly reduce the city's carbon footprint. This transition is part of a sweeping environmental initiative designed to promote...
Lahore, July 7 — Punjab Chief Minister Maryam Nawaz marked a momentous occasion today by inaugurating the Gujranwala Expressway, a vital link connecting Lahore to Sialkot. Simultaneously, she laid the foundation stone for a new 14-kilometer road stretching from Gujranwala Alipur to Qadirabad. These infrastructure projects aim to enhance regional connectivity and foster local development. The recently...
Islamabad, July 7 — The Federal Board of Revenue (FBR) has sounded the alarm on Pakistan’s revenue shortfall, attributing a substantial portion of it to tax exemptions. The 2024 Tax Expenditure Report reveals eye-opening figures that underscore the need for a closer examination of our tax policies. While tax exemptions serve as incentives and promote economic activities, they also come at a cost. The...
Karachi, July 7 — In a significant development, Sindh Chief Minister Murad Ali Shah shared the latest advancements in the ambitious project to construct 14 million homes for flood-affected individuals. The initiative focuses on rebuilding houses for a substantial portion of the rural population, aiming to uplift their lives and provide resilient shelter. The project’s scope is staggering: it aims to...
Lahore: The Central Business District Punjab (CBD Punjab) has completed its fastest land transfer ever, finalizing a deal worth PKR 6.9 billion for plots Lahore Prime 4 & 5, as reported on July 4. This remarkable achievement marks a significant milestone in the history of land transfers in Punjab. The information indicates that the taxes associated with this sale were more than PKR 310 million, making...
Lahore: The Defence Housing Authority Lahore (DHA-L) is happy to announce the opening of its new Members Portal, a special web portal created to make bill payment easier for its esteemed clients. On July 1, they announced via their official Facebook page. The purpose of this new feature is to improve convenience and make living and parking easier for residents and automobile owners. The Members Portal is...
Islamabad: Pakistan Prime Minister Shehbaz Sharif, during his visit to Tajikistan, met with President Emomali Rahmon and expressed a strong commitment to enhancing cooperation between Pakistan and Tajikistan. This significant diplomatic meeting aimed to deepen the multifaceted relationship between the two countries. According to the details, both political leaders discussed a wide range of opportunities...
Murree: Punjab Chief Minister Maryam Nawaz recently chaired an extensive five-hour meeting on Saturday to approve the Murree Development Plan. This significant development, reported by a news source a couple of days ago, marks a substantial investment in the future of Murree, focusing on multiple aspects of the town's infrastructure and tourism appeal. According to the details, Senior Provincial Minister...