The govt of Pakistan is considering giving 3-6 months extension in Prime Minister Imran Khan’s tax amnesty scheme for the construction sector. The scheme is going to expire on tomorrow. According to State Bank of Pakistan, on the back of the government housing package, strong construction momentum drove up cement sales to record levels in Q1 FY21. The deliberations to extend the scheme have...
Bundle Island
The Economic Coordination Committee (ECC) of the Cabinet on Thursday “endorsed” Rs739 billion Karachi Transformation Plan (KTP) and allowed revision in the Master Plan for five terminals at Port Qasim. The meeting of the ECC presided over by Finance Minister Dr Abdul Hafeez Shaikh. ECC discussed the plan thoroughly and endorsed, in principle, with the direction to secure approval from all...
Prime Minister said that in the wake of rising demand in the Karachi city’s housing, development of Bundal & Buddo Islands is very important. Development of Bundle & Buddo Islands will give tremendous job & business opportunities to people of Sindh as well as increase the revenue of Sindh government, because of tourist destination and business hub. These islands are small islands...