Digital Power of Attorney A day after the joint sitting of the Parliament passed 33 laws, including "the Elections Second Amendment Bill, 2021," providing voting rights to overseas Pakistanis, the government launched a digital portal to assist expats with attestation of power of attorney. Prime Minister Imran Khan's launch of a platform for automating power of attorney is yet another innovative step for...
CPEC Chairman Lt Gen (r) Asim Saleem Bajwa pointed out opportunities for improved connectivity under CPEC between Gwadar and the rest of the country. He said Gwadar is going to be linked to the rest of the country via a railway line, after completing Main Line-1 (ML-1), to take advantage of the benefits of CPEC. This improved connectivity also shifts the country's socio-economic destiny. ML-1 CPEC &...
When it comes to buying a property in Lahore, the Defense Housing Authority (DHA) and Bahria Town remain two of the most common housing companies among residents. Both areas feature spectacular designs, state-of-the-art facilities, and a protected climate. However, due to their construction status, property prices in some locations inside DHA and Bahria Town can be a little high. DHA Rahbar Vs. Bahria...
Fewer than 1% of Pakistanis are paying property tax. This is a poor and risky statistic for a country's economic wellbeing. Most residents in Pakistan pay no taxes. In exchange, this weakens our financial and economic situation. There is not enough money for the government to pay for roads, hospitals, schooling, and defense. Furthermore, the state needs to rely on foreign sources to raise revenue because...
We often hear that real estate investment has a bright future in Pakistan—but sometimes it can cost you a huge fortune in form of scams and frauds. We know that in Pakistan, real estate development and properties are distributed through numerous areas. Though each area is distinctive for its investment offers and options, Karachi, Lahore, and Islamabad are the top three cities in the country for real...
Shelves in every part of the house are very convenient, allowing us easy access to the items we need most. Decorative wall shelves bring appeal while retaining functionality, to dull walls, attracting the attention of our tourists and guests. We have curated a list of beautifully distinctive shelves and racks, from ultra-modern options for minimally or commercial interiors to rustic and quaint home...
Design a colorful bathroom with styles that truly speak to you. It's important to create a space that boosts your energy and offers you a quiet respite from your busy schedule since it's the room you spend time getting ready in the morning and preparing for bed. Consider tweaking your color scheme and décor if you want to create a new look in your bathroom, but want to avoid a complete interior overhaul....
Commercial property in Pakistan has different characteristics that distinguish it from residential property. It is not a straightforward job to invest in commercial property. Before investing, there are also things to look at. Commercial investment in Pakistan includes the selection of the venue, the number of feet, how many people visit the area every day, price, value for money, etc. It is just as...
Making The Dreams Of Middle-Class Sector Come True The Government of Pakistan has recently launched a low-cost house financing scheme to offer relief to the middle-class sector. Although many banks are facing challenges in offering low-interest rate house lending, the government took measures to offer house loans on markup rate of 5% (for 5 marla houses) and 7% (for 10 marla houses), for a set of...
The Financial Action Task Force (FATF) is the intergovernmental organization set up in 1989 to tackle the legitimacy of the international financial sector, the war against money laundering, terrorist funding, and other associated challenges. The FATF also has 39 affiliates, plus the European Commission and Gulf Cooperation Council, two international organizations. What Is FATF And Its Implications On...
by ZeeShan Kahloon
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