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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
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.
Corporate
Pakistan Plans to Establish First Modern Greenfield Refinery in Hub at a Cost of $4.5 Billion
▫️SPEC Refinery project will strengthen energy security and help reduce reliance on imported refined petroleum products
Social
Rs 71 Billion Allocated for Prime Minister’s “Apna Ghar” Programme to Promote Low Cost Housing
▫️Under the scheme, financing may be provided through banks for the purchase of houses and flats, construction on existing plots, and building homes after purchasing plots
Corporate
Chinese Consortium Set to Increase Investment in Pakistan’s Capital Market Infrastructure
▫️Approval also granted to manage Pakistan Stock Exchange properties through a separate company under the Real Estate Investment Trust model