AI Tax Notices Pakistan: Remittances Expected to Hit USD 42 Billion
Pakistan’s tax administration system is moving towards a more technology-driven model, as Finance Minister Senator Muhammad Aurangzeb has stated that artificial intelligence will play a central role in issuing tax notices under the country’s new tax reform framework. Speaking at the Pakistan Banking Summit 2026 in Islamabad, the finance minister said Pakistan’s remittance inflows are […]
Punjab Property Tax Reforms 2026-27: Digital Payments and Quarterly Surcharge Proposed
Punjab Property Tax Reforms 2026-27: Digital Payments and Quarterly Surcharge Proposed The Punjab government has proposed new reforms in the province’s immovable property taxation system under the Punjab Finance Bill 2026-27. The proposed changes aim to modernise property tax collection, improve transparency, and make tax payments more convenient for property owners across Punjab. According to […]
Section 7E Tax Nullified: Property Relief
Section 7E Tax Pakistan: FCC Nullifies Deemed Income Tax on Property Pakistan’s property sector has received a major legal and market-relevant development as the Federal Constitutional Court has struck down Section 7E of the Income Tax Ordinance, 2001. For property owners and real estate investors, the decision is important because the Section 7E tax Pakistan […]
Pakistan Housing Reforms to Boost Investment
The federal government is advancing major Pakistan Housing Reforms Investment initiatives aimed at attracting investment, expanding housing finance, and accelerating construction activity across the country. The reforms were discussed during a high-level meeting where officials briefed Prime Minister Shehbaz Sharif on progress related to legal and financial restructuring in the housing sector. According to officials, […]
Lahore Illegal Construction Crackdown Intensified
The Lahore Development Authority (LDA) has intensified its enforcement drive under the Lahore Illegal Construction Crackdown, issuing strict warnings to property owners and developers involved in unauthorized construction activities across the city. The move comes amid growing concerns over illegal buildings, unapproved structures, and unauthorized alterations made in violation of approved plans. According to officials, […]
Punjab Adopt-a-Park Scheme Expands Provincewide
The Punjab Horticulture Authority (PHA) has expanded its green development strategy by launching the Punjab Adopt-a-Park Scheme across multiple cities in the province. The initiative aims to improve urban greenery, strengthen public participation, and enhance the maintenance of parks through community and institutional support. Under the Punjab Adopt-a-Park Scheme, individuals and organisations will be able […]
Roosevelt Hotel Set for High-Rise Transformation
Pakistan and the United States have officially initiated a strategic economic collaboration to redevelop the historic Roosevelt Hotel in New York City, according to Pakistan’s Finance Division. The initiative is aimed at maximizing the financial value of one of Pakistan’s most significant international assets while aligning with the government’s broader privatization strategy. Located in Manhattan […]
Islamabad Property Valuation Revision 2026 Issued
The Islamabad Property Valuation Revision 2026 has been officially issued by the Federal Board of Revenue (FBR), bringing significant changes to how residential and commercial properties in the federal capital are valued for tax and transaction purposes. The updated valuation rates aim to align official property values more closely with prevailing market conditions and strengthen […]
Islamabad High-Rise Fire Safety Gaps Exposed
The Capital Development Authority (CDA) has identified serious Islamabad High-Rise Fire Safety Gaps following a preliminary survey of public and private buildings across the federal capital. According to the findings, nearly 70% of Islamabad’s 6,500 high-rise buildings lack functional fire safety and hazard control systems, raising concerns over emergency preparedness and resident safety. The survey […]
Lahore Floating Restaurant: Construction Officially Starts
Construction has officially begun on the Lahore Floating Restaurant Work Begins project, an ambitious new development designed to add a unique entertainment and dining destination to Lahore’s recreational landscape. The project is being built on a large water body in the city and is expected to become a major attraction for residents and tourists alike. […]
Rawalpindi Ring Road Transport Terminals Plan
The Punjab government has announced a major transport restructuring initiative under the Rawalpindi Ring Road Transport Terminals plan, aimed at shifting key bus and goods terminals away from the city and onto the Rawalpindi Ring Road. The move is expected to significantly reduce traffic congestion, limit heavy vehicle entry into urban areas, and improve overall […]
Punjab Undocumented Land Transfers Ban Enforced
The Punjab government has enforced a strict Punjab Undocumented Land Transfers Ban to bring transparency, legality, and stronger regulation to land transactions across the province. Under the new directive, land mutations will no longer be approved or registered on the basis of oral or undocumented agreements in non-inheritance cases. According to provincial revenue authorities, the […]