GWADAR: To facilitate investors, the Federal Board of Revenue (FBR) has released Gwadar Tax-Free-Zones Rules 2021.
Under the new rules, the investors and companies will be liable to pay taxes and duties on the exempted imported machinery if they are disposed of before the prescribed limit of five years.
The relief from tax and duties was granted to the plants, machinery, and equipment related to the construction sector under the Customs Act and Gwadar Port Authority Ordinance, 2002. The imported equipment is to be specifically used in the boundaries of the free zone. For the importation of equipment and machinery, a declaration along with other documents has to be filed with the relevant authorities who after examination will grant the exemption under the Customs Act, 1969.
For news and blogs, visit Graana.com.
Karachi: The State Bank of Pakistan (SBP) has indicated that it will maintain a cautious…
The Pakistan Engineering Council and the Capital Development Authority have agreed to collaborate on raising…
Feb 7 (Reuters): Saudi Arabia on Saturday unveiled a wide-ranging investment package for Syria covering…
Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for immovable properties…
Riyadh: Saudi Arabia has completed what it described as a global first in capital market…
Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…
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.
