Posts from category OTHER ARTICLES

  • Peshwar High Court Ruling: Section 7E (Property tax) of Income Tax Ordinance Declared Invalid in KPK

    In a recent development, the Peshawar High Court (PHC) has made a significant decision regarding Section 7E of the Income Tax Ordinance, 2001, concerning taxes on immovable property. The court has ruled that this section, which imposes taxes through a….

  • FBR to Raise Property Rates Aiming Higher Taxes From July 2024

    In a significant move aimed at enhancing revenue collection, the Federal Board of Revenue (FBR) has finalized agreements with all provinces as part of the “Pakistan Raises Revenues” initiative regarding the valuation of immovable properties. Under these agreements, revised valuation….

  • US Dollar VS Pakistan’s Real Estate Market

    US Dollar VS Pakistan’s Real Estate Market   Over the last ten years, the Pakistani rupee has experienced significant devaluation against the US Dollar. This has led to a rise in demand for the US Dollar as a safe-haven investment,….

  • Key Real Estate Amendments in Finance Act, 2023 | Budget 2023 -24

      Introduction The real estate sector in Pakistan has been subject to significant regulatory changes with the recent enactment of the Finance Act, 2023. These amendments are aimed at promoting transparency, enhancing tax compliance, and boosting the government’s revenue from….

  • Malir Expressway Karachi: A 39 km High-Speed Toll Expressway

    Malir Expressway Karachi: A 39 km High-Speed Toll Expressway  The Malir Expressway Karachi is a high-speed toll expressway that is set to connect Korangi to the Karachi-Hyderabad Motorway (M-9) and DHA City. Spanning across 39 kilometers, this Six-lane dualized expressway….

  • How to avoid Fraud in Real Estate in Pakistan

    Real estate fraud is a major concern in Pakistan, with many people falling victim to scams and fraudulent activities. It is important to take steps to protect yourself when buying or selling property in Pakistan. In this article, we will….

  • Best Housing Societies in Karachi for Living

    Karachi, the largest city in Pakistan, offers a diverse range of residential plots in different localities. However, some areas stand out due to their prime location, excellent infrastructure, and high potential for investment returns. Here are the top five areas….

  • History of Gawadar

    Gwadar is a port city located on the southwestern coast of Pakistan in the province of Balochistan. The city has a rich history that spans over 5,000 years. The earliest known inhabitants of the region were the Mehrgarh people, who….

  • Latest FBR Karachi Properties Valuation Table March 2022 (SRO)

    In the last valuation of property rates, the FBR had increased the valuation by 600 to 700 per cent depending on areas of respective cities but new rate were not implemented. Now the valuation rates including commercial, residential, apartments, flats,….