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SBP introduces Non-Resident Pakistani Rupee Value Accounts

The account will enable non-resident Pakistanis to invest in stock exchange and real estate in Pakistan State Bank of Pakistan (SBP) has introduced a separate category of PKR Account named “NRP Rupee Value Account (NRVA)” in order to facilitate overseas Pakistani for making investments in Pakistan. Through this sort of bank account, expatriate Pakistanis as well as resident Pakistanis having… Read More »SBP introduces Non-Resident Pakistani Rupee Value Accounts

 

CDA SEALED ILLEGAL BUILDINGS IN SECTOR E-11

CDA SEALED ILLEGAL BUILDINGS IN SECTOR E-11: Islamabad: July 14, 2020: Capital Development Authority(CDA) has sealed three (03) buildings in E-11 Golra, Islamabad on account of unauthorized / illegal constructions. The buildings have been sealed by the BCS-II Directorate during an operation. The operation was participated by the other concerned formations as well. The buildings which have been sealed include… Read More »CDA SEALED ILLEGAL BUILDINGS IN SECTOR E-11

 

Govt to Impose Luxury Tax on Farmhouses, Large Homes in Islamabad

Govt to Impose Luxury Tax on Farmhouses, Large Homes The federal government is looking to impose a luxury tax on large homes and farmhouses located in the federal capital — a news source reported. The taxes are expected to range between PKR 100,000 and PKR 200,000 for houses, and between PKR 25 to PKR 80 per square feet for farmhouses.… Read More »Govt to Impose Luxury Tax on Farmhouses, Large Homes in Islamabad

 

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