Pakistan IMF Reached $7 Billion Deal

Pakistan IMF – International Monetary Fund (IMF) have successfully negotiated a three-year, $7 billion aid package, the Washington-based institution announced on Saturday. This agreement offers significant relief to the nation, which has been grappling with severe economic challenges. The new program, Pakistan IMF Deal, pending approval from the IMF’s Executive Board, is designed to help […]

Updated Real Estate Taxes Fiscal Year 2024-2025 – Federal Board of Revenue

Updated Real Estate Taxes Fiscal Year 2024-2025 – Federal Board of Revenue New Property Taxes for Seller Category For Filer Late Filer Non-Filer Property Valuing Up To 50 Million Rupees  3 %  6 %  10 % Property Valuing Between 50 – 100 Million Rupees  3.5 %  7 %  10 % Property Valuing Above 100 Million […]

Islamabad Traffic Easing: CDA Approves Mega Projects

Islamabad Traffic Flow to ease by two mega projects by CDA

MULTIWORKS ISLAMABAD: The Capital Development Authority (CDA) has sanctioned two significant projects worth over Rs8 billion to address Islamabad traffic congestion. Underpasses will be constructed at Serena Chowk on Khayaban-i-Suharwardi and PTCL Chowk, the junction of Jinnah Avenue and 9th Avenue. In a recent meeting, the development working party (DWP) approved Rs4.56 billion for underpasses […]

Pakistan Remittances Surge 11% to $30.3 Billion

Pakistan Remittances in Fiscal Year 2024

Multiworks Pakistan: Pakistan received over $30 billion in remittances in FY24, marking a 10.7% increase from the previous year. This substantial rise in Pakistan remittances highlights the growing reliance on funds from overseas Pakistanis, surpassing export earnings.The State Bank of Pakistan reported that total remittances for FY24 reached $30.3 billion, up from $27.3 billion in […]

Islamabad Theme Park Developing: Chinese Delegation Showed Keen Interest

MULTIWORKS ISLAMABAD: In a significant move towards enhancing the beauty and infrastructure of the Federal Capital, a Chinese delegation has expressed strong interest in developing a state-of-the-art Islamabad theme park in Islamabad. This initiative aims to boost the city’s appeal and provide modern recreational facilities to its residents. The delegation met with Capital Development Authority […]

Islamabad’s Eco-Friendly Transformation: Electric Vehicles and Urban Upgrades

Eco-friendly transformation of Islamabad: In a significant move towards urban modernization and environmental sustainability, Federal Minister for Interior  led a crucial meeting at the Capital Development Authority (CDA) headquarters on Friday, aiming to elevate Islamabad to the status of a world-class city. As reported on July 8, the CDA will exclusively acquire electric motorbikes in […]

Ring Road Rawalpindi Project Phase-I Will be Complete by December

Multiworks Islamabad: Engineer Aamir Khattak, Commissioner of the Rawalpindi Division, announced that the first part of the Ring Road Rawalpindi project will be completed by December. This deadline was set by Chief Minister Punjab. According to Engineer Khattak, the Annual Development Programme (ADP) includes 315 schemes in the Rawalpindi district, with 226 currently in progress […]

Murree to Gain District Status: Punjab Minister Announces Major Development Plans

Multiworks, Islamabad: Punjab Information and Broadcasting Minister has officially announced that Murree City will soon be granted district status. This landmark decision is part of a broader initiative spearheaded by Chief Minister Punjab, aimed at accelerating the development and modernization of this iconic hill station. Comprehensive Development Plans for Murree City During a recent visit […]

CDA Facilitation Center to be Set Up and Upgraded to Mega One-Window Centers

Multiworks Islamabad: The Capital Development Authority – CDA decided to set up two more facilitation centers for residents of the Islamabad. The already built CDA facilitation center at sector G-7 of Islamabad was recently upgraded. The new CDA facilitation centre or mega one-window centres will be set up at G-11 and Kahuta on the model […]

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