The Glade Vista Builders (Pvt) Limited-sponsored Grand Vista apartment complex, situated near the Murree Road Expressway in Zone-IV, has had its layout design annulled by the Capital Development Authority (CDA).As per the notification sent by the CDA, the layout design for the project was authorized in June 2023, provided that all processes were finished within a 30-day period. Nevertheless, in spite of several notifications and cautions, the project developers did not carry out the approval’s terms and conditions.On March 27, 2024, the CDA sent out a show-cause notice, asking the project developers to provide justification for not taking legal action…
Author: Iqra Khan
Pakistan Railways announced to the Senate Standing Committee on Pakistan Railways (PR) that it will be implementing a public-private partnership to bring four smart railway vehicles on various routes. During the meeting, Secretary of Railways Syed Mazhar Ali Shah declared, “Pakistan Railways is committed to moving towards public-private partnerships and is planning to introduce four smart railway cars for routes between Lahore-Islamabad, Lahore-Faisalabad, Lahore-Multan, and Karachi-Hyderabad at a cost of around $45 million.” He mentioned that private parties will donate a portion of the profits to maintain the tracks as part of this public-private cooperation. Senators Saifullah Sarwar Khan Nyazee,…
Islamabad: The Federal Board of Revenue (FBR) has extended the Tajir Dost Scheme to 42 cities, including Faisalabad and Sialkot, as part of a significant drive to register 3.2 million shopkeepers and dealers, as reported on July 10. Nearly 46,000 merchants and store owners have reportedly already registered for this program, according to the sources. Previously excluded, Faisalabad is now added. The business community decided to broaden the scheme’s scope before imposing any extra taxes on merchants during a recent video conference involving the FBR Chairman, Regional Tax Offices, and traders. Under the Tajir Dost Scheme, the registration procedure will…
The new provisions, which take effect on July 1, 2024, are detailed in a notification that instructs chief commissioners of Inland Revenue to make sure that these updated rules are followed. The main changes for transactions involving immovable property are as follows: the rates of withholding tax on the sale of immovable property vary according to the type of property and the length of ownership. For filers: 3% for transactions up to PKR 50 million 3.5% for transactions exceeding PKR 50 million but up to PKR 100 million 4% for transactions over PKR 100 million 3% for fair market values…
Lahore: According to information released on July 10, the Provincial Development Working Party (PDWP) approved a number of major development projects worth over PKR 24 billion. The meeting, which was presided over by Barrister Nabeel Awan, approved about PKR 9 billion for the solar power systems project, which aims to improve the efficiency and sustainability of agricultural practices in the province. In addition, the PDWP approved a number of other significant projects, including a PKR 848.97 million scheme to prevent erosion of the left bank of the River Chenab in the Hafizabad district, specifically at Kot Kameer and Behak Ahmad…
A parliamentary delegation from Germany on Wednesday called on National Assembly Deputy Speaker and Convener of the Pak-German Parliamentary Friendship Group, Syed Ghulam Mustafa Shah to further strengthen bilateral relations and parliamentary cooperation. Both sides resolved to enhancing cooperation in trade, education, science and technology, and other areas of mutual interest.The deputy speaker emphasized the importance of enhancing parliamentary diplomacy and the historical ties between Pakistan and Germany. The German delegation commended Pakistan for its proactive measures in advancing regional peace and stability. They highlighted specific areas of potential collaboration, particularly in renewable energy and climate change initiatives, underscoring mutual…
Pakistan Meteorological Department (PMD) has indicated chances of rain-wind/thundershowers with isolated heavy-falls in Khyber Pakhtunkhwa, Islamabad, Pothohar region, upper Punjab, northeast Balochistan, Kashmir and Gilgit Baltistan during the next 24 hours. Climate Change action, Hot and humid weather is expected elsewhere in the country.According to the synoptic situation, monsoon currents from Arabian Sea were penetrating upper/central parts of the country.A shallow trough of westerly wave was also present over upper parts of the country. During the last 24 hours, rain-wind/thundershower with isolated heavy-falls occurred in upper Khyber Pakhtunkhwa, Islamabad, Pothohar region, upper Punjab, Kashmir and lower Sindh, Hot and humid weather prevailed…
Minister for Petroleum Musadik Malik said on Wednesday that Azerbaijan was considering an investment of $2 to $3 billion in Pakistan.Speaking exclusively to a private news channel, he said that Azerbaijan was particularly interested in the mineral sector, including oil and gas. The minister said that Azerbaijan was focusing on the oil and gas exploration sector, noting their keen interest in expanding investments in the LNG sector as well.The prime minister is eager to increase economic cooperation with friendly countries, Malik said and added, the government prioritizes investment over aid from friendly nations. He further mentioned that Azerbaijani President Ilham…
Pakistani blind archer Tanveer Ahmed is set to return home tonight, after winning two gold medals in two back-to-back international competitions. Ahmed informed that he bagged gold medals at the Para Archery World Ranking Event in Nove Mesto, Czech Republic, and the 1440 Double FITA Round at Jabbeke, Belgium, respectively. Ahmed’s haul marks a historic achievement, as he became the first blind archer to win individual gold for Pakistan in the Para Archery World Ranking Event & European Cup 2024.He secured a remarkable 910 points to clinch the gold medal in the VI-2/3 category at the Double FITA Round in…
Six additional stops have been added to the DR-14 line by Peshawar Bus Rapid Transit (BRT) along Nasir Bagh Road. In response to demands from the public, these stops were added. Sadaf Kamil, a spokesman for TransPeshawar, the managing firm of BRT, disclosed the new stops, which are Professor Model Town, Masjid Abu Hurairah, Bangash Park, PDA Office, Masjid Umar Farooq, and Masjid Abu Bakr. With this addition, the DR-14 route now has 22 stops in total. Naseer Teaching Hospital, DHA, Professor Model Town, Badizai, Regi Model Town, Masjid Abu Hurairah, Zone 3 Ground, Government Girls Primary School, Bangash Park,…
