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Islamabad: Capital rural areas to have college, 2 more hospitals

ISLAMABAD: Chief Commissioner Kamran Lashari has announced construction of two hospitals and a college in rural areas of the federal capital. Addressing inaugural ceremony of an art gallery at Saidpur Model Village the other day, he said the hospitals and college would be constructed under a special package announced by Prime Minister Syed Yousuf Raza[…]

CDA covets foreign investment to cope with financial crunch

The Capital Development Authority (CDA) is yearning for foreign investment in the federal capital to handle financial crisis confronting it owing to world-wide financial meltdown, and execute mega projects planned for upcoming years. “We need the foreign business giants to invest their capital in the real estate sector and other mega projects, planned for the[…]

Islamabad: Farm-housing scheme faces closure

By Syed Irfan Raza – ISLAMABAD, Dec 2: The federal capital territory administration has decided to act against the owners of an allegedly illegal farm-housing scheme launched in Sector C-17 and D-17 in Zone-II along the Grand Trunk Road in which people have invested millions of rupees, sources told Dawn on Sunday. The sources said[…]

FBR seeks broadening of CVT scope

ISLAMABAD: The tax authorities have plans to broaden the scope of 2 percent capital value tax on purchase of immovable property, and have proposed amendments in the Finance Act 1989 asking the parliament to re-define the definition of ‘Urban Areas’ for bring in additional areas for taxation, tax official explained Daily Times.

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