Monthly Archives: July 2013

Transfer of Islamabad flats to be handled by CDA

The Capital Development Authority (CDA) has decided that all the transaction related to transfer of flats of multi-storey buildings located in posh areas of the federal capital would be conducted by the authority. The decision has been taken to increase the revenue collection of the cash-strapped CDA. According to details, […]

Overseas Pakistanis playing a vital role

Minister for Overseas Pakistanis and Human Resource Development, Pir Syed Saddaruddin Shah Rashidi has said that the overseas Pakistanis are playing a vital role in strengthening the economy of the country. All out efforts were being made to resolve their problems, he said in an interview with Radio Pakistan. He […]

Property prices increase due to levying of taxes

RAWALPINDI: The cost of per marla property in terms of sale and purchase has increased from 25 to 40 percent in all the seven tehsils and the cantonment areas of the district due to levying of taxes. According to details, the taxes and fee have been imposed on inherited property […]

Overseas Pakistanis remitted $13.92 billion in FY-13

Overseas Pakistanis remitted $13.92 billion during July-June 2012-13, showing a growth of 5.56 percent or $733.64 million compared with $13.186 billion received during the same period of the last fiscal year July-June 2011-12. The inflow of remittances during July-June 2013 from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, […]

Conference highlights role of overseas Pakistanis in economic development

Associated Press of Pakistan Pakistan’s ambassador to Germany Abdul Basit Monday said the newly elected government wanted to work with overseas Pakistanis to bring the country out of current economic crisis through investments, exports and formal transaction of remittances.  The ambassador was speaking at the conference on ‘The role of overseas Pakistanis […]