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1210 news articles

Punjab Assembly Speaker Receives Proposed Real Estate Regulatory Authority Bill During LCCI Visit

Punjab Assembly Speaker Receives Proposed Real Estate Regulatory Authority Bill During LCCI Visit

▫️ Time to deliver on election campaign promises has begun; bill will give property dealers and developers a new identity, Shah Behram tells ReNews

Lahore | Riaz Hussain ReNews PakistanPunjab Assembly Speaker Malik Muhammad Ahmad Khan received a proposed Punjab Real Estate Regulatory Authority bill during a visit to the Lahore Chamber of Commerce and Industry (LCCI) yesterday, assur...

Apna Ghar Housing Loan Approvals Reach Rs 448 Billion as Disbursements Lag

Apna Ghar Housing Loan Approvals Reach Rs 448 Billion as Disbursements Lag

▫️ Only Rs 76 billion disbursed to 14,000 applicants against 75,198 approved loans; government targets Rs 700 billion in financing for 125,000 homes this year

Islamabad | ReNews PakistanPakistan’s Apna Ghar housing scheme has approved 75,198 loans worth Rs 448 billion, while actual disbursements stand at Rs 76 billion to 14,000 applicants, highlighting a substantial gap between approved financ...

Punjab Plans 150 More Mini Dams to Improve Agricultural Land Use in Potohar

Punjab Plans 150 More Mini Dams to Improve Agricultural Land Use in Potohar

▫️ Second phase targets completion by June 2027, with a 70 per cent subsidy to help farmers develop rainwater storage facilities

Rawalpindi | ReNews PakistanThe Punjab Agriculture Department has launched the second phase of its mini-dam project in the rain-fed Potohar region, aiming to improve irrigation and strengthen the productive use of agricultural land throu...

Land Mutation Is a Fiscal Record, Does Not Confer Ownership: Lahore High Court

Land Mutation Is a Fiscal Record, Does Not Confer Ownership: Lahore High Court

▫️ A party claiming ownership rights over a property must prove its own title, rules Justice Muhammad Sajid Mahmood Sethi

Lahore | ReNews Pakistan The Lahore High Court has ruled that the mere registration of a property document does not automatically establish all facts associated with it, while a land mutation entry serves as a fiscal record and does not,...

Government Considers FBR Restructuring or Establishment of New National Tax Authority

Government Considers FBR Restructuring or Establishment of New National Tax Authority

▫️ New authority would require amendments to FBR Act and federal tax laws; proposed reforms could also affect administration of property transactions, asset declarations and digital tax audits

The federal government is considering further restructuring the Federal Board of Revenue (FBR) or establishing a new national tax collection authority as part of efforts to improve revenue mobilisation, strengthen tax administration and ...

Pakistan, Islamic Development Bank Advance $5.6 Billion Cooperation for Infrastructure Development

Pakistan, Islamic Development Bank Advance $5.6 Billion Cooperation for Infrastructure Development

▫️ IDB's $475 million financing for Sukkur Hyderabad M 6 Motorway welcomed, Pakistan seeks additional support for ML 1 railway project and faster approval and disbursement of development funds

Pakistan and the Islamic Development Bank (IsDB) have made progress towards strengthening development cooperation under a proposed $5.

Punjab Private School Building Safety Audit Remains Unclear as Official Data on Dangerous Structures Yet to Emerge

Punjab Private School Building Safety Audit Remains Unclear as Official Data on Dangerous Structures Yet to Emerge

▫️ Overall action against unsafe buildings remains unclear; government report offers no update on around 3,500 Lahore private schools included in the initial plan

Lahore | Riaz Hussain ReNews PakistanSignificant progress has yet to be established in Punjab’s drive to inspect private school buildings and enforce building fitness certificate requirements.

Changes in Earth's Rotation Prompt Global Decision to Abolish Leap Seconds in Timekeeping

Changes in Earth's Rotation Prompt Global Decision to Abolish Leap Seconds in Timekeeping

▫️ Since 1972, 27 extra seconds have been added to global clocks to compensate for irregularities in Earth's rotation, the last adjustment was made on December 31, 2016

A major change in the global system of timekeeping has been approved following decades of efforts to reconcile highly accurate atomic clocks with the irregular rotation of the Earth.

Pakistan, Türkiye Sign Joint Venture Agreement to Explore Minerals in Balochistan

Pakistan, Türkiye Sign Joint Venture Agreement to Explore Minerals in Balochistan

▫️ Turkish company to provide advanced technology and technical expertise, definitive agreements targeted by December 31, 2026

Pakistan and Türkiye have signed a preliminary agreement to jointly explore and develop antimony, copper, gold, silver, molybdenum and other critical minerals across approximately 499 square kilometres in Balochistan, marking another ste...

Pakistan's National CERT Warns of Critical Cyber Threats to Government Portals and Financial Institutions

Pakistan's National CERT Warns of Critical Cyber Threats to Government Portals and Financial Institutions

▫️ Government departments, regulators and financial institutions urged to deploy security updates, strengthen web application firewalls and monitor suspicious activities

Islamabad | ReNews PakistanPakistan's National Cyber Emergency Response Team (National CERT) has issued an urgent cybersecurity advisory warning government departments, financial institutions and organisations operating critical online s...

Pakistan Draws Global Attention in Critical Minerals Race With Estimated $8 Trillion Resource Potential

Pakistan Draws Global Attention in Critical Minerals Race With Estimated $8 Trillion Resource Potential

▫️ Country identifies 92 minerals, commercially extracts 52 as Islamabad prepares to host Pakistan Minerals Investment Forum on November 12

Islamabad | ReNews PakistanPakistan is intensifying efforts to attract international investment into its mineral sector as growing global demand for copper, lithium, gold and other critical minerals increases the strategic and economic i...

Pakistan Railways Moves to Lease Prime Commercial Properties in Three Cities

Pakistan Railways Moves to Lease Prime Commercial Properties in Three Cities

▫️ Warehouses, shops, parking facilities, marriage halls and marquees among railway properties offered for commercial leasing through public auctions

Karachi | ReNews PakistanPakistan Railways has initiated fresh measures to lease valuable commercial properties across Karachi, Hyderabad and Rawalpindi divisions as part of efforts to generate revenue from its land holdings and attract ...

Punjab Explores Competitive Power Supply Options for Sundar Industrial Estate, Orange Line Train

Punjab Explores Competitive Power Supply Options for Sundar Industrial Estate, Orange Line Train

▫️ Provincial government reviews alternative electricity procurement arrangements under CTBCM framework to assess potential cost savings

Lahore | ReNews PakistanThe Punjab government has initiated a review of alternative electricity supply arrangements for Lahore's Sundar Industrial Estate and the Orange Line Metro Train, aiming to identify more competitive and commercial...

Punjab Approves Over 224,000 Interest Free Housing Loans Under Apni Chhat Apna Ghar Programme

Punjab Approves Over 224,000 Interest Free Housing Loans Under Apni Chhat Apna Ghar Programme

▫️ Provincial cabinet allocates Rs60 billion for 40,000 additional housing loans and decides against imposing stamp duty on programme financing

Lahore | ReNews PakistanThe Punjab government has approved more than 224,000 interest-free housing loan applications under the Apni Chhat Apna Ghar programme, while the provincial cabinet has sanctioned an additional Rs60 billion to faci...

Punjab Revamps Stamp Duty System, Exempts Gift Deeds Between Specified Close Relatives

Punjab Revamps Stamp Duty System, Exempts Gift Deeds Between Specified Close Relatives

▫️ Residential tenancy agreements face duty ranging from Rs3,000 to Rs25,000; Board of Revenue empowered to revise land valuation tables

Lahore | ReNews PakistanThe Punjab government has introduced significant changes to its stamp duty system, exempting gift deeds between specified close relatives and reducing the duty on other gift deeds from two percent to one percent.

Government Has Reclaimed 200,000 Acres of Railways Land, Says Railways Minister

Government Has Reclaimed 200,000 Acres of Railways Land, Says Railways Minister

▫️ Work on Karachi Rohri railway line to begin next year with ADB support; $2.5 billion planned for 480 kilometres of new track

Islamabad | ReNews PakistanFederal Minister for Railways Muhammad Hanif Abbasi has told the National Assembly that the incumbent government has reclaimed 200,000 acres of railway land and pledged to recover all remaining railway land occ...

Punjab Assembly Panel Questions Rs5,000 Annual Rent for Lahore Gymkhana Land Valued at Up to Rs218 Billion

Punjab Assembly Panel Questions Rs5,000 Annual Rent for Lahore Gymkhana Land Valued at Up to Rs218 Billion

▫️ Committee seeks complete record of 1996 lease covering more than 100 acres of prime government land

Lahore | ReNews PakistanA Punjab Assembly special committee has questioned how Lahore Gymkhana Club has continued to pay just Rs5,000 in annual rent for more than 100 acres of prime government land, seeking complete records of the lease,...

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