Dubai market attracts overseas Pakistanis

WHT on banking transactions Lahore: Dubai property market has become a major investment destination for oversees Pakistanis, particularly after the imposition of withholding tax on banking transactions and new property evaluation system introduced in the last federal budget 2016-17. Real estate market agents have said they thought the UAE property …

First Pakistan community medical centre in Dubai

The not-for-profit health-care facility will be built through ‘own a brick’ campaign Dubai: In a novel attempt to raise funds for a multi-speciality medical centre, the Pakistan Association in Dubai (PAD) has launched an ‘own a brick’ campaign for the Dh12 million facility. The first-ever not-for-profit Pakistan Medical Centre project …

IN THIS WORLD, ONLY OPF CAN DO IT

Muhammad Javed I don’t exactly know how many offices in the name of Overseas Pakistanis (OPs) like Punjab OP Commissioner, Federal OP Commissioner, OPF, Overseas Division, Overseas Ministries, special cells for Ops and welfare officers abroad exist.  All these practically are to provide jobs to dear ones. Police Stations for OPs …

FBR, realtors clinch property valuation deal

ISLAMABAD: The Federal Board of Revenue (FBR) and realty stakeholders on Saturday agreed on new valuation tables — for the purposes of taxation — of property prices in major cities of the country. Both sides also agreed on new tax rates, and the FBR accepted suggestions on the process of …

NATIONAL SAVINGS AND FEDERAL OMBUDSMAN

PRACTICAL SIDE OF THEIR LOVE FOR OVERSEAS PAKISTANIS   Muhammad Javed A news item appeared in the newspapers, how a meeting was held in the Federal Ombudsman’s Secretariat as a follow up to see the implementation progress on a recommendatory report prepared by a special committee.  The Director General, National Savings …

OPC Punjab offers low-risk investment opportunities

Commissioner Overseas Pakistanis Commission (OPC) Punjab Afzaal Bhatti has said that Punjab Province offers most lucrative and low-risk opportunities for investors specially in the field of energy, agriculture, livestock & dairy development, mines & minerals, tourism and infrastructure. According to the spokesperson of the OPC during a meeting with Ambassador …