Punjab expands property tax to include housing societies outside urban areas – Trendy Blogger

Punjab expands property tax to include housing societies outside urban areas

 – Trendy Blogger

Islamabad: Punjab has expanded its property tax collection system to include residential communities outside urban centres, marking the first time taxes have been imposed on such areas, according to tax department officials. Under the new framework, residents of government-approved housing societies will be required to pay property tax based on metropolitan rates. The Excise Tax … Read more

Punjab takes strict action against illegal housing schemes in 32 districts – Trendy Blogger

Punjab takes strict action against illegal housing schemes in 32 districts

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Islamabad: The Punjab Community Development and Local Government Department has finalized land use and zoning plans for 32 districts, identifying specific areas for residential, commercial and industrial development, according to official sources. This initiative seeks to prevent the continued conversion of agricultural land into unauthorized residential projects. In recent decades, Punjab has lost 225,000 acres … Read more

Punjab introduces new property tax regime – Trendy Blogger

Punjab introduces new property tax regime

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Lahore: The Punjab government has introduced a new property tax system to simplify processes, eliminate complexities and enhance transparency. According to Minister of Excise, Taxation and Narcotics Control Masoud Mukhtar, the new system has become effective from January 1, 2025, and property taxes will now be determined based on the DC schedule of the respective … Read more

Punjab unveils ambitious initiatives for housing, SMEs and agricultural growth – Trendy Blogger

Punjab unveils ambitious initiatives for housing, SMEs and agricultural growth

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Punjab Chief Minister Maryam Nawaz Sharif has launched transformative programs to boost housing, small businesses, agriculture and renewable energy across the province. These initiatives aim to empower citizens through financial support, modern infrastructure, and enhancing agricultural production. In a recent meeting, Mrs Maryam Nawaz approved Punjab CM Asan Karupar Finance Scheme, a multi-billion rupee program … Read more

Punjab allocates Rs 1.5 billion to revive citrus industry – Trendy Blogger

Punjab allocates Rs 1.5 billion to revive citrus industry

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ISLAMABAD: The Punjab government has disclosed Rs. A $1.5 billion investment plan to modernize and revitalize the citrus industry which represents the cornerstone of Pakistani horticultural exports. This initiative comes in the wake of detailed recommendations issued by the Pakistan Fruit and Vegetable Exporters Association (PFVA) to address the challenges faced by the sector. The … Read more

Punjab Parliament approves a significant increase in salaries of MPs and ministers – Trendy Blogger

Punjab Parliament approves a significant increase in salaries of MPs and ministers

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The salaries of ministers rise to 960,000 rupees, the Speaker of Parliament from 125,000 rupees to 950,000 rupees, and the Deputy Speaker of Parliament from 120,000 rupees to 800,000 rupees. The Punjab Assembly passed Punjab Public Prosecutors Salary Review Bill, 2024Approval of a significant increase in the salaries and allowances of members of the House … Read more

OGDCL revives heavy oil well in Punjab and boosts production by 67% – Trendy Blogger

OGDCL revives heavy oil well in Punjab and boosts production by 67%

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Islamabad: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully revived a heavy oil well in Rajyan Oil Field in Gujjar Khan, Chakwal District, Punjab. This strategic step led to an increase in the field’s cumulative production by 67%, from 1,500 barrels per day to 2,500 barrels per day. … Read more

Huawei collaborates with Punjab to create the first modern smart city in Lahore, Pakistan – Trendy Blogger

Huawei collaborates with Punjab to create the first modern smart city in Lahore, Pakistan

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Islamabad: Punjab Chief Minister Maryam Nawaz marked the fourth day of her official visit to China with an important stop at Huawei Technologies in Shanghai’s Longgang district on Friday. It received a warm reception and announced a strategic partnership with Huawei to transform Lahore into Pakistan’s first modern smart city. Inviting Huawei to invest in … Read more

The Punjab government gets Rs. 2.7 billion through real estate auctions – Trendy Blogger

The Punjab government gets Rs. 2.7 billion through real estate auctions

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Islamabad: The Punjab government has raised Rs. $2.7 billion by auctioning off 60 properties through a transparent bidding process across multiple regions, according to a report by *Dawn*. The estates, which were earlier managed by the Punjab Privatization Board, were transferred to the Colonial Department of the Board of Revenue (BoR) after the merger of … Read more

Punjab and federal authorities are intensifying their efforts to support small and medium enterprises – Trendy Blogger

Punjab and federal authorities are intensifying their efforts to support small and medium enterprises

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Regional and federal authorities have announced important initiatives targeting access to financial services, capacity building, and ecosystem development. Punjab Prime Minister Maryam Nawaz Sharif has unveiled plans to stimulate the growth of SMEs in the province by introducing two financing schemes: the “Business Card” and the “Prime Minister’s Easy Business Financing Scheme”. These initiatives aim … Read more