Islamabad: The Federal Board of Revenue (FBR) has officially announced that September 30, 2024, will be the final deadline for submitting income tax returns for the financial year 2023-24. The announcement was made public on August 23, urging taxpayers to meet the deadline to avoid penalties and legal complications. According to the FBR, failing to submit tax returns by the deadline could lead to...
Rawalpindi: To facilitate citizens under the newly introduced ‘Apni Chhat Apna Ghar’ housing scheme, the Punjab Housing and Town Planning Agency (PHATA) has taken a significant step by establishing a help desk in Rawalpindi. This development, which was reported on August 23, marks a critical phase in the implementation of the housing initiative, which aims to provide affordable homes to low-income...
The State Bank of Pakistan (SBP) is preparing for a significant overhaul of the country's currency, with plans to introduce new banknotes for all denominations by December 2024. This development was shared during a recent briefing to the Senate Standing Committee on Finance, held on August 21, where SBP Governor Jameel Ahmed outlined the bank's plans for currency revamp. According to Governor Ahmed, the...
DHA Islamabad has announced an exclusive and time-sensitive offer for investors seeking commercial plots in Sectors A, B, and C of Phase IV. This special promotion, reported on August 22, includes a remarkable 100% waiver on several significant charges, making it an attractive opportunity for individuals looking to invest in prime commercial real estate within one of the most prestigious developments in...
The Parks and Horticulture Authority (PHA) in Lahore has received technical bids from five companies competing to establish two large-scale entertainment parks, locally referred to as "fun lands." These new developments are planned for two of Lahore’s prominent parks, Greater Iqbal Park and Jilani Park, and are expected to enhance the city's recreational infrastructure significantly. According to...
In a significant move to enhance administrative efficiency, Punjab Chief Minister Maryam Nawaz has approved the creation of five new tehsils in Lahore. This development, reported on August 21, is part of the government's broader efforts to address Lahore's expanding population and streamline governance. The proposal for the new tehsils has been circulated among ministers for final approval. Five Grade-17...
The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) has officially launched the Inclusive Business Development Park (IBDP) in Peshawar. This groundbreaking initiative, aimed at fostering entrepreneurship across diverse communities, was reported on August 19. The IBDP represents a significant step toward empowering a wide range of entrepreneurs, including men, women, persons...
The Peshawar District Administration has established a special committee to address the hurdles hindering the completion of the Peshawar-Torkham Expressway project. The committee, chaired by National Assembly member Shandana Gulzar, is tasked with investigating the challenges and is expected to submit a detailed report within 72 hours, according to sources on August 20. This expressway is a significant...
The Defence Housing Authority (DHA) Multan marked the grand inauguration of its new Mini Sports Complex in Sector M on August 19. This event, announced via the official DHA Multan Facebook page, introduces a state-of-the-art facility designed to promote fitness and well-being within the community. The Mini Sports Complex offers an impressive array of amenities catering to various sports and recreational...