The federal government will today (Friday) approve Rs. 100 billion in financing for 50,000 housing units during the current fiscal… Read More
FTO Probes FBR’s 5-Year Failure to Trace Pakistanis with UAE Golden Visas
The Federal Tax Ombudsman (FTO) has taken notice of the Federal Board of Revenue’s (FBR) failure to obtain data on… Read More
Rain Disrupts Final Day of CDA Commercial Auction
Heavy monsoon rains and flooding disrupted the final day of the Capital Development Authority’s (CDA) commercial plots auction, resulting in… Read More
CDA Clears Drainage Blockage in Diplomatic Enclave After Finding Buried Sewer Line
The Capital Development Authority (CDA) has finally succeeded in draining stagnant water from the Diplomatic Enclave, a week after severe… Read More
FBR Orders Taxpayers to Declare Real Value of Their Property in 2025 Returns
The Federal Board of Revenue (FBR) has made it mandatory for income tax return filers for the tax year 2025… Read More
CDA Bulldozes 13 Homes in Famous Area in Islamabad
The Capital Development Authority (CDA) carried out a large-scale anti-encroachment operation in the Margalla Hills National Park area, resulting in… Read More
Punjab Govt Imposes 16% Sales Tax on Renting Commercial Property
The Punjab government has imposed a 16 percent sales tax on the rental of commercial properties starting July 1, 2025,… Read More
FBR Closes Major Tax Loophole Used By Banks on Rented Properties
The Federal Board of Revenue (FBR) has revised the income tax deduction system for banks operating in rental/leased properties from… Read More
Govt Offers Tax Credit on Interest Paid for Low-Cost Housing Loans
The government has introduced a new tax credit through Section 63A of the Finance Act 2025, allowing individuals to claim… Read More
FIA Probes Golden Visa Holders Having Undeclared Property in UAE
A major crackdown is underway against resident Pakistanis who have invested at least AED 2 million in UAE property but… Read More
CDA Seals 17 Illegally Built Commercial Buildings in Islamabad
Capital Development Authority (CDA) has sealed a total of 17 illegal and unapproved structures during a large-scale operation in Zone-V… Read More
Govt Plans New Cheap Housing Scheme to Revive Property Sector
The federal government plans to launch a new subsidized housing finance scheme in the upcoming fiscal year to revive the… Read More
