First Economic Zone of Capital to Build Along Islamabad Expressway

Federal Government of Pakistan has decided to build Naya Pakistan Economic Zone alongside Islamabad Expressway, from Faizabad till Rawat. It is going to be the first ever economic zone of Capital, Islamabad. This economic zone is decided to build in

NAB Disseminated Cheques Among Affectees of Residential Project Scam

National Accountability Bureau  (NAB) has disseminated cheques worth more than Rs.200 million to the 4,740 affectees of different unlawful residential ventures. Rawalpindi division had retrieved Rs. 326 billion from corrupt elements involved in deceiving general people in the name housing

Federal Cabinet to look propositions for Islamabad Model Prison

Federal Cabinet has decided to re-examine a summary report in order to approve the changes for Islamabad’s master plan. The government body has given green signal on March 2019 to update 58 years old master plan of Islamabad. Islamabad Model

RDA Announced 14 Residential Schemes Illegal

Rawalpindi Development Authority (RDA) affirmed 14 residential projects unlawful as per resources. Under Punjab Private Housing Schemes & Land Subdivision Rules-2010, the Director Metropolitan Planning & Traffic Engineering in a notification declared the name of these 14 illegal housing schemes.

Tax Amnesty Scheme Extended Till August 2nd  

Federal Board of Revenue (FBR) has extended Tax amnesty scheme till August the 2nd. People can avail this scheme to declare their hidden assets. They can submit income tax returns for FY 208-19 till next month. Financial adviser, Hafeez Sheikh,

Hike in Property Transaction in Rawalpindi & Islamabad

An immense rise in selling & purchasing of property is witnessed in the twin cities. It is speculated to be the effect of new valuation tables that will be applicable from July 1 on wards. Property registration & transfer offices

RDA Suspends IPP of Four Housing Societies

Rawalpindi Development Authority (RDA) has cancelled the Initial Planning permission (IPP) of 4 housing societies on April 15, 2019, upon the orders of Division Commissioner and RDA Director General, Joudat Ayaz. This decision is applicable on following societies: Blue World

FBR Suggested New Property Valuation Rates for 18 Cities

The Federal Board of Revenue (FBR) planned to revise the valuation rate of immovable property that go through the roof by 25 to 30%. So Capital gain tax & advance tax would be applicable after July 1st. Certainly, FBR envisions

CDA Issues Notices to Hotel At Murree Road

Capital Development Authority (CDA) issued warning notices to various hotels & motels guilty of encroachment on Right of Way (ROW) at Murree Road. Furthermore, CDA is determined to take strict actions against owners as well. Read must : CDA To

CDA To Suspend Sanitary Staff for Burning Garbage in ICT

Capital Development Authority (CDA) has decided the suspension of its sanitary staff. This decision taken by Sardar Khan Zimri, Director Sanitation of CDA, on account of burning garbage & disposal in the territory of Islamabad. CDA’s official regards this step