Karachi, Pakistan – A significant milestone has been reached as the construction of a new City Council Hall begins in Karachi after a gap of 91 years. This remarkable endeavor aims to provide a modern and spacious facility to accommodate the growing number of council members and facilitate effective decision-making for the development and progress […]
Builders Association Reports Halting of 50% Construction Projects and Rising Unemployment in Pakistan Islamabad, July 16, 2023 – The construction industry in Pakistan is grappling with significant challenges as soaring inflation continues to impact workers and businesses alike. The Builders Association has revealed that nearly 50 percent of construction projects in the country have come […]
Finance Act 2023 Introduces Advanced Tax on Construction, Development, and Disposal of Commercial and Residential Properties Islamabad: The Finance Act 2023 has brought significant changes to the taxation landscape, including the imposition of a new advance tax on the construction, development, and disposal of commercial and residential properties. This development is expected to have far-reaching […]