CDA fails to complete development work in Islamabad Sector D-12

 Realestate  No Responses »
May 152013
 

The Capital Development Authority (CDA) has failed to complete the development work in Islamabad Sector D-12 despite the lapse of many years after the allotments of plots to the allottees.

The sector was launched in 1989 and the allottees have been waiting for the completion of the uplift work in the sector for last 24 years. The contract of the development work in the sector was awarded in 2005 and work was to complete in one and a half to two years time but the same could not be finished even after the passage of eight years. Continue reading »

 Posted by at 9:37 pm

SC seeks detailed record of payments to Iraq-Kuwait war victims

 OP News Discussions  No Responses »
May 102013
 

Pakistan The Supreme Court on Wednesday directed the Overseas Pakistanis Foundation (OPF) to present a detailed report regarding the payments to the victims of Iraq-Kuwait war and adjourned the case for ten days.

A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry resumed hearing in a suo moto case regarding the non-payment of compensation to the Iraq-Kuwait war victims. During the course of proceedings, Gul Hassan Aurangzeb, counsel for the OPF, updated the bench regarding the payments made by the foundation till now. He apprised the bench that out of about 66,000 victims of the war, 27,000 had been paid compensation and an amount of Rs 710 million had been disbursed among them. Continue reading »

 Posted by at 12:08 am

Federal Ombudsman’s steps for Pakistani expatriates appreciated

 OP News Discussions  No Responses »
May 072013
 

Associated Press of Pakistan

The representatives of overseas Pakistanis on Monday appreciated the initiative of Federal Ombudsman for setting up an exclusive cell to address the complaints of Pakistani expatriates. The members of Board of Governors of Overseas Pakistani Foundation (OPF) in a meeting with Federal Ombudsman (Wafaqi Mohtasib) Salman Farooqui said that the step was significant in redressing the grievances of overseas Pakistanis. The Federal Ombudsman has established a cell in his secretariat to deal with the complaints being received by the Pakistani expatriates.

Continue reading »

Remittances by overseas Pakistanis

 Investment & Economy  No Responses »
May 012013
 

NBP signs deals with 30 foreign partners

National Bank of Pakistan has made agreement with 30 leading partners abroad for timely delivery of home remittances sent by overseas Pakistanis. Addressing a press conference on Tuesday, SEVP/Group Chief Global Home Remittances Management Group NBP and Chairman of NBP’s Exchange Company Limited Khalid Bin Shaheen said that 30 other similar international tie-ups were in final stages.
Continue reading »

 Posted by at 2:24 pm

Lahore: Reduction in property tax under consideration

 Realestate  No Responses »
Apr 252013
 

 Reduction in the rate of the property tax is under consideration and it would be brought at 10 percent instead of 25 percent, said Adviser to the Chief Minister of Finance and Taxation Zia Haider Rizvi.

The adviser was speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Wednesday.
Rizvi said that the survey of the property throughout the province would be conducted to enhance the scope of property tax collection. He said that the finalisation of the rate would be made only after taking the masses on board. He said that excise and taxation department would also coordinate with LCCI in this regard. Continue reading »

 Posted by at 3:27 pm

Imran Khan’s ‘One Village One Overseas Pakistani proposal’

 Investment & Economy  No Responses »
Apr 252013
 

 Pakistan Tehreek-e-Insaaf (PTI) chairman Imran Khan has come up with an interesting proposal, saying he would urge overseas Pakistanis to sponsor the development of at least one village back home.

He was talking to media at a hotel here on Wednesday where 67 former nazims and naib nazims announced joining the PTI.

On this occasion, Imran Khan welcomed them and said that his party would hold local government elections in three months after coming into power to empower people at the grassroots. Continue reading »

 Posted by at 3:22 pm

Middle East states refuse voting facility to expatriate Pakistanis

 OP News Discussions  No Responses »
Apr 242013
 

 

The News report by Mumtaz Alvi

The Middle Eastern countries have refused to allow the expatriate Pakistanis to poll their votes in the May 11 general election, it has been learnt. Meanwhile, the Election Commission of Pakistan (ECP) on Tuesday failed to devise a mechanism to allow the expatriate Pakistanis to poll their votes in the May 11 election.

  Continue reading »

 Posted by at 11:20 am

‘Emaar Properties owes $15m,’ accuses Pakistani investors

 Realestate  No Responses »
Apr 222013
 

Dubai: Emaar Pakistan, a subsidiary of Dubai-based property developer Emaar Properties, is in a dispute with investors who claim they are owed more than $15m after buying off-plan properties in its stalled project in Karachi.

Emaar launched the Crescent Bay mixed-use community in July, 2008, as part of its multi-billion dollar investment into the country.

The 108-acre development was due to be built with the Pakistani Defence Housing Authority (DHA) and completed by 2013-14, featuring high and mid-rise towers for residential and commercial use, a shopping centre and five-star beachfront hotel.
Continue reading »

 Posted by at 10:04 pm
Page 1 of 41234