ISLAMABAD: The Punjab government told the Islamabad High Court (IHC) on Wednesday that the payment of a Rs 9 billion loan to a Lahore-based steel mill had culminated in the biggest ever fraud in the country history.

Islamabad: A public library of international standard is being set up in the posh sector of F-10 with a total cost of over Rs1 billion. Director General National Library Chaudhary Muhammad Nazir in a statement informed that Ministry of Education has acquired land from Capital Development Authority (CDA) in Sector F-10 and the price of[…]

Islamabad: The new building code approved by the previous cabinet is in the offing and will be effective forthwith throughout the country including AJK to ensure that future structures are seismic resistant.

ISLAMABAD: Prime Minister Yousuf Raza Gilani will formally inaugurate the Islamabad Expressway today (Tuesday), more than one and a half month after its completion. The Expressway was completed at a cost of Rs 877 million in a record time of eight months, almost four and a half months ahead of schedule.  Its expansion from three-lanes-a-side[…]

ISLAMABAD: Capital Development Authority (CDA) has decided to widen Faisal Avenue into six lanes.

Final touches are being given to the launching of computerised birth and death certificate issuance system in every union council of the Islamabad district.

ISLAMABAD: Capital Development Authority (CDA) has decided to install automatic bollards at 30 different points, mostly in the Red Zone, as part of security measures. In the second phase of the project, the CDA would install more bollards in other parts of the city, aiming to solve traffic problems created by erection of concrete blocks[…]

ISLAMABAD: The Capital Development Authority (CDA) Board will decide shortly the fate of the ‘sick’ Faisal Avenue Flyover Project, which has fallen massively behind schedule.

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) to check non-payment of capital value tax (CVT) on buying and selling of property by housing/development societies. Sources told Business Recorder on Saturday that the FBR has taken the decision during last board-in-council meeting to probe investment and non-payment of CVT[…]

ISLAMABAD: Landowners of sectors H-16 and I-17 have rejected an award package announced by Capital Development Authority (CDA) for acquisition of land and vowed to resist it until reasonable prices were paid to them.