Pakistan successfully conducted a test of its missile system today, marking a significant milestone in the country's defense capabilities. The missile test was carried out to validate the performance parameters of the weapon system and to enhance Pakistan's strategic deterrence. The test was conducted under the supervision of top military officials and scientists, who closely monitored the missile's...
One Homes, a leading British investment group that builds tailor-made luxury properties for overseas Pakistanis has announced another Pakistan first — the first-ever construction-linked payment plan. The construction-linked payment plan addresses the specific pain points of overseas Pakistani property investors, providing greater transparency and security. By implementing these measures, One Homes...
Successive governments in Pakistan have historically been showing sturdy commitment to encourage vertical expansion of cities. In early 2019, for example, then Prime Minister vowed to embolden vertical expansion of Pakistani cities paving way for the growth of high-rise buildings all over the country. However, no serious effort was made. Recently, the Federal Minister of Planning, per media reports,...
The Islamabad Expressway project, which has already missed two deadlines, now faces a new deadline as the Capital Development Authority (CDA) chief Muhammad Ali Randhawa has urged the department to complete the project by August 14 instead of September 30. During a site visit, the CDA chairman instructed the contractor to finish the ongoing work by August 14, aiming to make the Expressway a signal-free...
In a major victory against tax evasion, the Federal Board of Revenue's (FBR) Intelligence & Investigation (I&I) teams in Hyderabad and Karachi have unearthed a network of tax fraudsters. These criminals caused significant losses to the national treasury, estimated to be in the billions of rupees. Unearthing the Scheme Following a thorough investigation, the I&I directorates in both...
It's been almost a year since I invested in a plot at RUDN Enclave, and I'm incredibly impressed with the progress I've witnessed. When I first visited, the area was largely undeveloped, with a sense of open space. However, that initial impression has been completely transformed. The developers at RUDN Enclave haven't wasted any time. Construction has been fast-paced and impactful. What was once a...
Pakistanis seeking relief from high prices can breathe a sigh of temporary relief. Data from the Pakistan Bureau of Statistics (PBS) for May 2024 shows a significant decline in inflation compared to both the previous month and the same period last year. Let's delve deeper into the numbers: Headline Inflation Shows Dramatic Improvement The Consumer Price Index (CPI) based inflation, a key indicator...
The Federal Board of Revenue (FBR) has achieved a significant milestone by collecting Rs. 760 billion in revenue for May 2024. This surpasses the assigned target of Rs. 745 billion, demonstrating the organization's commitment to fiscal responsibility. Strong Overall Performance The positive trend extends beyond May. For the first eleven months of the fiscal year, FBR has registered a remarkable 31%...
Gold prices in Pakistan saw a decrease on Tuesday, mirroring a drop in the international market. The All Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported a decline of Rs500 per tola, bringing the price down to Rs240,300. This comes after a previous increase of Rs800 on Monday. The 10-gram gold price also felt the pinch, falling by Rs429 to Rs206,018. The international gold rate mirrored...
Great news for Rudn Enclave retailers and clients! The wait is over – the new on-site office is officially operational! This exciting development signifies Rudn Enclave's commitment to providing exceptional service and fostering a more efficient environment for everyone involved. The new office will serve as a central hub for both retailers and clients, offering a dedicated space to address...