China

China Eyes Investment in Islamabad’s Digital and Tourism Sectors: A New Era of Growth

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In a significant development for Islamabad’s economic future, the Capital Development Authority (CDA) has engaged in discussions with a high-level delegation from the Chinese Embassy to explore potential investments in Islamabad’s digital infrastructure and tourism sectors. The meeting, held at the CDA Headquarters on March 13, 2025, was chaired by CDA Chairman Muhammad Ali Randhawa…

FBR TAX RELIEF

Tax Relief on Property Sales: FBR Chairman Announces Historic Reforms for Pakistan’s Real Estate Sector

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The Federal Board of Revenue (FBR) has announced sweeping tax reforms aimed at invigorating Pakistan’s real estate market. FBR Chairman Rashid Mahmood unveiled these measures in a recent meeting of the Taxation Task Force for Housing Sector Development. The reforms include reductions in withholding taxes, reconsideration of the Federal Excise Duty (FED) on property transactions,…