Govt 'to incentivise' construction sector in upcoming budget
Govt considering introducing scheme for overseas Pakistanis to invest in built-up property in dollars
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Govt considering introducing scheme for overseas Pakistanis to invest in built-up property in dollars
With the increase in valuation, the FBR expects annual revenue collection from real estate to grow in the range of 20pc to 25pc.
"We want the cities to receive funds from the province like the province receives from the federal government," says resolution.
After hitting an all-time high of Rs139,500-142,500 per tonne in the third week of January, the price of steel bars have gone down to Rs132,500-135,000. —Reuters/File KARACHI: After hitting an all-time high of Rs139,500-142,500 per tonne in the third week of January, the price of steel bars have gone down to Rs132,500-135,000, builders said on Wednesday. Arif Jeeva, a former chairman of the Association of Builders and Developers, said the prices are still high and the government should take action for providing affordable housing to lower-middle class. Makers have been pushing up the steel...
FBR Asked to Abolish the Condition of CNIC on Sales in Next Budget Business and trade bodies have strongly recommended the Federal Board of Revenue (FBR) to abolish the computerized national identity card number (CNIC) condition on sales in the coming budget (2021-22). The issue of the CNIC was discussed during the meeting of Mian Nasser Hyatt Magoo, President Federation of Pakistan Chambers of Commerce and industry held with Chairman FBR along with senior officials from Customs and IRS. The members from different trade bodies invited the attention of FBR towards the CNIC condition on sale wh...