Azgard Nine Limited (PSX: ANL) informed the Pakistan Stock Exchange on Monday that the agent banks of its creditors have… Read More
FBR to Auction Off Karachi’s Bahria Icon Tower for Defaulting on Rs. 26 Billion Tax
The Federal Board of Revenue (FBR) has issued a public proclamation announcing the auction of the high-profile Bahria Icon Tower… Read More
PM Wants Cheap House Financing for Low-Income Earners in Upcoming Budget
Prime Minister Shehbaz Sharif on Wednesday directed the government’s housing task force to arrange financing for low-cost housing schemes. Chairing… Read More
All Provinces to Launch New IMF-Backed Property Tax in FY26 Budget
The International Monetary Fund (IMF) has acknowledged that all four provincial authorities are working to develop a harmonized property taxation… Read More
Govt Likely to Increase Capital Gains Tax on Property Sales in Upcoming Budget
The federal government is considering increasing the capital gains tax (CGT) on real estate transactions from 15 percent to 35… Read More
Famous Housing Society Reverses Development Charges After Protest
Park View City, one of the most well-known private housing societies in Pakistan, has come under fire for using brutal… Read More
Govt Collected Property Tax of Rs. 169 Billion in 9 Months of FY25
The Federal Board of Revenue (FBR) collected Rs. 169 billion in Withholding Tax (WHT) on property sales and purchases in… Read More
CDA Caught Using Fake Flowers To Impress International Guests
The National Assembly Standing Committee on Climate Change raised concerns over the Capital Development Authority’s (CDA) use of artificial paper… Read More
FBR to Withdraw Excise Duty on Property Purchase for Everyone
The Federal Board of Revenue (FBR) has submitted a summary to the federal cabinet recommending the complete abolition of Federal… Read More
NAB Recovers 204 Kanal Land Allegedly Transferred Illegally to Bahria Town
The National Accountability Bureau (NAB) has successfully recovered over 204 kanals of land that were allegedly transferred to Malik Riaz-owned… Read More
Pace Subsidiary Joins DHA City as Development Partner
Pace (Pakistan) Limited (PSX: PACE) has announced that its subsidiary, Pace Barka Properties Limited, has signed a landmark agreement to… Read More
IMF Unhappy With Inadequate Property Rights Protection in Pakistan
The International Monetary Fund (IMF) directly raised concerns over weak contract enforcement and inadequate property rights protection in Pakistan, warning… Read More
