Islamabad: The Federal Board of Revenue (FBR) has announced that non-filers will be charged a 7 percent Federal Excise Duty (FED) on the allotment or transfer of property. This information was disclosed in a report on July 25. According to the details, this new tax measure targets commercial properties and the first allotment or transfer of open plots or residential properties. The key criterion for this...
Islamabad: The Federal Board of Revenue (FBR) has issued an amended Tajir Dost Special Procedure for 2024, establishing new fixed monthly tax rates for shops in Lahore, Karachi, Islamabad, and several other cities. This update was reported by a news source on July 25. According to the new regulations, the monthly fixed tax rates for shops in these cities are set as follows: Islamabad Jinnah Super...
Peshawar High Court (PHC) has given the Khyber Pakhtunkhwa (KP) government six months to address the issues surrounding the industrial estate in Swabi and housing schemes on agricultural land in Charsadda, as reported on July 25. Details reveal that seven such petitions from Swabi and Charsadda locals were heard by a bench presided over by Justices Ijaz Anwar and Syed Arshad Ali. The chief secretary was...
Lahore: The Central Business District (CBD) Punjab CEO Imran Amin has said that completing the Walton Road Upgradation Project is the authority’s top priority, as reported on July 24. According to the specifics, Amin was presiding over a review meeting for the road project, which intends to enhance Lahore's road network. Amin gave a speech to the group and said that their goal is to improve Lahore's...
Islamabad: The Capital Development Authority (CDA) is actively working on the development of the Property Management System (PMS), which is set to digitize over 85,000 property files. This significant initiative was reported on July 24, following a meeting held to discuss CDA’s efforts to enhance citizen services through digitization. The meeting was attended by CDA Chairman Muhammad Ali Randhawa, who...
Islamabad: Prime Minister Shehbaz Sharif has given the green light to a new residential project, Orchard View for Overseas Pakistanis, a news source reported on July 23. Situated along the picturesque banks of the Korang River, this development aims to offer state-of-the-art facilities and luxurious living standards. The approved project will feature 3,000 villas and luxury apartments, equipped with the...
Rawalpindi: According to a news source on July 23, the Central Development Working Party (CDWP) is anticipated to adopt the updated plan, which includes a larger budget, for the Rawalpindi Ring Road Project shortly. The figures show that the project's expenditure for the Rawalpindi Ring Road has gone from PKR 31.3 billion to PKR 38.3 billion. The significant budget increase highlights the growing...
Introduction Nestled in the heart of Pakistan’s Khyber Pakhtunkhwa province, Kumrat Valley remains one of the country's best-kept secrets. Known for its pristine landscapes, cascading waterfalls, and serene lakes, this untouched gem offers an unparalleled escape from the hustle and bustle of city life. Whether you're an adventurer seeking thrilling hikes or a nature lover yearning for tranquility,...
Lahore: The Central Business District Punjab (CBD Punjab) Chief Executive Officer (CEO) Imran Amin has emphasized the urgent need to expedite the completion of Walton Road and Major Ishaq Shaheed Flyover, as reported on July 22. Acting on directives from Chief Minister Maryam Nawaz, Amin instructed an increase in workforce and machinery to ensure timely delivery. CEO Imran Amin emphasized the significance...