The Finance Division has proposed to the federal cabinet declare the Securities and Exchange Commission of Pakistan (SECP) as a… Read More
Govt to Launch Residential Scheme for Overseas Pakistanis to Attract Remittances Through RDAs
The Federal government has decided to launch a residential scheme for Overseas Pakistanis to attract remittances through Roshan Digital Account… Read More
Govt is Extending Subsidy Period for NAPHDA Projects
The federal government has decided to extend the markup subsidy period from 10 to 15 years due to the higher… Read More
Housing and Construction Finance Surged by Record Rs.163 Billion in 2021
Recording an unprecedented growth of 85 percent, banks’ outstanding credit for housing and construction increased to Rs. 355 billion during… Read More
FBR Proposes Tax Exemptions for Sale of Shares Under Special Purpose Vehicles
The Federal Board of Revenue (FBR) has proposed tax exemption for the sale of shares of Special Purpose Vehicles (SPVs)… Read More
FBR Reports Over 100% Growth in Collection of WHT on Immovable Properties
The collection of withholding taxes under the heads “purchaser” and “transfer” of immovable property has exhibited enormous growth of around… Read More
Banks Surpass Rs. 100 Billion Financing Under Mera Pakistan Mera Ghar Scheme
Prime Minister Imran Khan has lauded the leading role of the State Bank of Pakistan (SBP) and the efforts of… Read More
Companies Involved in Fractionalization of Real Estate Assets are Violating the Law: SECP
The Securities and Exchange Commission of Pakistan (SECP) has declared that companies/startups whose websites are involved in illegal activities such… Read More
Journalists Are Teaming Up With Fake Housing Societies to Scam the Public
The owners of a number of illegal housing societies in Islamabad along with the help of a few journalists are… Read More
FBR to Address Anomalies in Revised Property Valuation Rates
The Federal Board of Revenue (FBR) has taken cognizance of a number of complaints it received from various stakeholders including… Read More
FBR Responds to Calls of Suspending Revised Property Valuation Rates
The Federal Board of Revenue (FBR) has not suspended the property valuation rates of immovable properties recently issued for 40… Read More
FBR Ordered to Revoke Recently Revised Property Valuation Rates
The Senate Standing Committee on Finance, Revenue, and Economic Affairs has recommended the Federal Board of Revenue (FBR) to revoke… Read More
