According to reports Punjab Chief Minister Maryam Nawaz Sharif has taken a landmark step for the journalist community, announcing the provision of plots to 3,200 journalists. Maryam Nawaz has directed the Ministry of Information to immediately initiate the development of Journalist Colony Lahore Phase II, completing all legal processes to ensure the prompt allocation of plots to...
A recent private survey revealed that China's new home prices increased at a slower rate in August, indicating ongoing struggles in the crisis-hit property sector. Despite a slew of supportive policies, the sector continues to search for stability. Average new home prices across 100 cities rose 0.11% from July, down from 0.13% in the previous month. China's property sector, a vital pillar of the economy,...
When venturing into the real estate market, you'll often come across two terms: Realtor and Real Estate Agent. While many use these terms interchangeably, they're not exactly synonymous. A Real Estate Agent is a licensed professional authorized to facilitate real estate transactions. They've completed the required education, passed the licensing exam, and meet state-specific requirements. Real estate...
The incidence of tax on the salaried class in Pakistan is three times higher than in India. A comparison of tax structure of salaried class between Pakistan and India has been issued by the Pakistan Business Council (PBC). The comparative chart (Pakistan-India) revealed that annual tax in Pakistan is Rs 30,000 as compared to Indian Rs (INR) 10,050 in cases where annual salary in Pakistan is Rs...
ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General of Pakistan to submit comments on the imposition of Federal Excise Duty (FED) on transfer or allotment of immovable properties by developers and builders. Defence Housing Authority (DHA) Islamabad has challenged the vires of Table-III, First Schedule of the Federal Excise Act 2005. The...
As we are living in the age of online era and after Covid-19 most of the world has been shifted to online applications. Either it's any basic necessity you can easily order form the comfort of your home so looking at all this Pakistan's Punjab Government has taken an initiative to made Payment of Property Tax easier through e-Pay Punjab. Paying property tax digitally through e-Pay Punjab has ensured a...
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