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 federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…
Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…
Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…
ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…
ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…
Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…
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.
