Pakistan Tax

Banks Impose Fees on Large Deposits to Counter Cash Surplus and Avoid Tax Penalties

In a significant development, leading Pakistani banks, including Bank Alfalah, Meezan, MCB, HBL, and Standard Chartered, have implemented fees on large deposits to manage their cash flow and evade hefty government taxes. Starting November 21, these banks now levy a monthly 5% fee on deposit balances exceeding their designated thresholds, which range between Rs1 billion…

Pakistanis Property In Dubai

Pakistanis Invest Over $11 Billion in Dubai Real Estate

A recent investigative report titled ‘Dubai Unlocked’ has shed light on the massive investments made by Pakistanis nationals in Dubai’s real estate sector. According to the findings, individuals from Pakistan, including former government officials, political figures, bureaucrats, and other prominent personalities, own properties worth an estimated $11 billion in the emirate. Revealing the Data Behind…

Dubai skyline with real estate buildings showcasing record transactions

DUBAI RECORDS PKR 92.2 BILLION REAL ESTATE TRANSACTIONS IN A SINGLE DAY

Dubai’s real estate market has made headlines once again by achieving a monumental feat—a staggering PKR 92.2 billion worth of transactions in a single day. This remarkable milestone showcases the resilience, attractiveness, and robustness of Dubai’s property sector, setting a new standard for the global real estate industry. At Makani Marketing, we delve into the…