ISLAMABAD: The Federal Board of Revenue (FBR) has initiated onsite inspections of several offices of the real estate agents as per the conditions provided by the Financial Action Task Force (FATF).
The decision has been made to generate Suspicious Transaction Reports (STRs) by assessing the data of the customers and their backgrounds.
Pakistan has decided to take strict action against law violators and have thus decided to implement effective monitoring with a penalty system to keep a check on nefarious activities. Those violating the rules will have their businesses sealed after they fail to comply with FATF requirements.
According to details, a Non-Designated Financial and Banking Professions (DNFBP) wing has been established by the FBR under the Intelligence & Investigation (I&I) Inland Revenue Service (IRS). Presently, notices have been issues to around 50,000 real estate agents, accountants and jewellers.
Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
