The Federal Board of Revenue (FBR) has placed hundreds of services into General Sales Tax (GST) in the Islamabad Capital Territory at the rate of 5 and 15 percent, reported in daily The News. For construction services 15pc tax will be charged, excluding: (i) construction projects (industrial and commercial) of the value (excluding actual and documented cost of land) not exceeding Rs50 million per...
Business
The National Economic Council (ECNEC) approved the funding for various road infrastructure projects, including Rawalpindi Ring Road and Lai Nullah Express Way as well as for poverty alleviation in Southern Punjab. According to details, ECNEC approved the project of land acquisition for Leh Expressway & Flood Channel, Rawalpindi worth Rs. 24,96 million. The project will be executed by Rawalpindi...
The district administration on Saturday started the process to fix prices of land to be acquired for the Rawalpindi Ring Road Project from Banth to Thalian. The price assessment committee is headed by Deputy Commissioner Mohammad Ali and comprises the additional commissioner revenue, assistant commissioners Saddar and Gujar Khan, the district attorney, director land and estate management of Rawalpindi...
Low-income earners will become homeowners, in Naya Pakistan low cost Housing, by paying easy installments. Prime Minister Imran Khan's promise to provide shelter to the homeless began to be fulfilled. A practical step towards the establishment of a welfare state. The plan to provide houses to the working and wage earners of Islamabad has been completed. Eleven years later, the plan to...