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Corporate

Punjab proposes higher sales tax on card and digital payments at restaurants

▫️A 16 percent tax will apply to other payment methods, while the proposed move is expected to boost revenue and promote documentation of restaurant sales

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City District

CDA Orders Ittefaq Residensia to Halt Illegal Development in Islamabad

▫️Housing scheme in Zone IV accused of launching development and plot marketing without approved layout plan and mandatory NOC

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National

FBR Detects Underreporting of Financial Income by 80 Percent of Major Property Buyers and 98.9 Percent of High Deposit Individuals

▫️Nearly 8,697 individuals held PKR 750 billion in bank accounts despite declaring zero taxable income, Senate Standing Committee on Finance and Revenue told

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National

FBR Detects Underreporting of Financial Income by 80 Percent of Major Property Buyers and 98.9 Percent of High Deposit Individuals

▫️Nearly 8,697 individuals held PKR 750 billion in bank accounts despite declaring zero taxable income, Senate Standing Committee on Finance and Revenue told

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National

Pakistan Considers Chinese Companies’ Participation in Reko Diq Project

▫️Analysts believe the possible involvement of Chinese companies could give the project a new strategic dimension.

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