Islamabad: As many as 1000 benami properties have been identified in Islamabad by the capital administration.
As a part of country-wide campaign to identify benami properties, the capital administration has managed to explore 1000 properties until now whose data will be shared with FBR.
The practice of identifying benami properties was started on the directive of Prime Minister’s Secretariat that sought lists of all benami properties from the deputy commissioners that fall under their respective jurisdictions.
The data would be shared with FBR so that the actual owners of the properties are identified and brought into the tax net; similarly, the benami properties could be registered as per the law.
The capital administration has asked all tehsildars, patwaris and other revenue officials to carry out the practice.
Number of properties in 24 sectors of Islamabad
Houses – 160,000
Shops – more than 30,000
Commercial properties – 30,000
Number of properties in rural Islamabad
Houses – 250,000
Shops- 40,000
Commercial properties – 20,000
The capital administration told media that so far only 10-15% of the total properties have been checked, and there are greater chances that additional benami properties may appear.
The Punjab government has introduced another major initiative aimed at improving public convenience in Lahore.…
Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…