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City District
Lahore Electric Tram Project Faces Fresh Delay After Route Revised Again
▫️Canal Road removed from proposed route due to environmental and technical concerns; new alignment expected to pass through CBD, Gulberg, Jail Road and Istanbul Chowk
Global
Manchester United Acquire 25 Acre Site for New Stadium Project
▫️Land purchase near Old Trafford marks a major step toward proposed 100,000 capacity venue
National
Government Approves Reduced Advance Tax Rates on Property Transactions
▫️Sellers to pay 2.75 percent advance tax, while buyers will be charged 1.25 percent on property transactions from July 1; Finance Bill 2026-27 also raises tax burden on banks, fertilizer sector and corporate companies a
National
‘Red Bull’ Cement Plant on Sargodha Faisalabad Road Sealed Over Violations of Industrial and Environmental Laws
▫️APCMA urges regulatory bodies to further strengthen monitoring and enforcement mechanisms across the country
National
Punjab Imposes 16% GST on Rental Properties Under New Tax Measure
▫️Non residential rented buildings and immovable properties to fall under GST regime from July 1