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Faisalabad

Special Economic Zones to revolutionize industrial & economic growth of Pakistan

The construction of China-Pakistan Economic Corridor (CPEC) and special economic zones is a catalyst for Pakistan’s industrialization. CPEC is promoting the transfer of China’s manufacturing industry to Pakistan and pushing Pakistan’s development onto a fast track. So far, remarkable success has been achieved in the CPEC development. The construction of corridor projects is progressing well. In the...

Benami Act, FBR can seize Benami Assets, rewards for Whistle Blowers

Real Estate is one of the major sector for generation & investment of unaccounted money known as “black money”. The Benami Act is to curb black money transactions to ensure that all real estate transactions are conducted in the name of the actual owner where the consideration is paid from his known sources. Parliament approved the law in January 2017 and the president gave his stamp of approval...