Author name: Shining Bytes

In a significant development, the Federal Board of Revenue (FBR) has provisionally suspended a major increase proposed in the valuation of immovable properties till September 2023. The board will issue an automated system for taxpayers to obtain exemption or pay tax under section 7E of the Income Tax Ordinance, 2001. The FBR has also decided […]

LAHORE: The caretaker Punjab government has announced the resumption of work on the Ring Road (southern loop-3) project.“After a break of 12 years, the project has started again. Caretaker Chief Minister Mohsin Naqvi mentioned this while visiting the project site near Multan Road Maraka to check on the progress. He wants to improve transportation options

Pakistan’s Minister of State for Petroleum, Musadiq Malik, has shared exciting news about significant investments from Saudi Arabia and the UAE in Pakistan’s mineral and mining sector. These investments, totaling $46 billion, aim to tap into Pakistan’s vast mineral wealth, estimated at $6.1 trillion. Minister Malik revealed this development during a media briefing about the

The Capital Development Authority in Islamabad has introduced a new automated system to ease property transfers for owners of multi-million worth properties. Previously, the process was complex and time-consuming, involving multiple directorates. Now, citizens can apply for property transfer appointments online from their homes. Under the new system, each case will be assigned a number,

Gohar Group of Companies has recently announced a momentous partnership with Hilton Garden Inn, marking the introduction of the first-ever international chain of hotels in Hyderabad, Sindh. The grand ceremony took place at the prestigious head office of the Gohar Group of Companies. Muhammad Hanif (Chairman of Gohar Group), Mr. Carlos Khneisser (Vice President of

The Capital Development Authority (CDA) has very completed a two-day auction of plots for the Capital Street Islamabad project. The event was held at the prestigious Jinnah Convention Centre Islamabad on the 20th and 21st of July 2023. The auction garnered an enthusiastic and warm response from investors where 18 plots were sold for Rs.

One Homes, a leading UK property company, has made a significant investment in Islamabad’s luxury residential market. They plan to build a massive development covering 1 million square feet along the Murree Expressway in the east of the city. This area is known for its beautiful landscapes and is highly desirable for real estate development.

On Thursday, Prime Minister Shehbaz Sharif officially inaugurated the Bhara Kahu Bypass, a significant infrastructure project. The project was initiated in October 2022 and was executed by NLC within nine months for Rs6.25 billion. It has removed a major bottleneck for millions of travelers traveling to Muree, Kashmir, and Galliyat. Describing the inauguration of the