Tag Archives: income


Construction federal government Ordinance construction industry income source of income

Federal government prepares ordinance for construction industry

04 April, 2020 2:32 pm 2:32 pm

ISLAMABAD (92 News) – The federal government has prepared an ordinance for the construction industry. According to the draft of the package, those investing in the construction sector will not be asked about their source of income. Builders and Land Developers will have to deposit the funds into bank accounts by December 31 and will … Read More


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Investors in construction sector will not be asked about their source of in...

04 April, 2020 6:52 pm 6:52 pm

ISLAMABAD (92 News) – Prime Minister (PM) Imran Khan has said that Investors in construction sector will not be asked about their source of income. Announcing an incentivized package for the construction industry, the premier said that the sector plays an important part in development of a country. “Those investing in the construction sector will … Read More


Khurshid Shah, moves, SHC, bail, assets, beyond, income, case

Khurshid Shah moves SHC for bail in assets beyond income case

01 January, 2020 4:00 pm 4:00 pm

SUKKUR (92 News) – PPP leader Syed Khurshid Shah has moved the Sindh High Court (SHC) for his bail in the assets beyond income case. The petition was filed through his lawyers. The court has referred the application to the SHC Sukkur bench for hearing. On January 7, Accountability Court Judge Ameer Ali Mehaisar had … Read More


Court, orders, release, Khurshid Shah, assets, income, case

Khurshid Shah granted bail in assets beyond income case

12 December, 2019 4:30 pm 4:30 pm

SUKKUR (92 News) – Accountability Court Judge Ameer Ali Mehaisar ordered to release PPP leader Syed Khurshid Ali Shah in the assets beyond income case on Tuesday. The court ordered the PPP leader to furnish the surety bonds worth Rs five million. Khurshid Shah’s counsel said that the NAB could not produce any solid evidence … Read More


Assets, income, Khursheed Shah, judicial remand, extended

Assets case: Khursheed Shah’s judicial remand extended for 5 days

12 December, 2019 1:06 pm 1:06 pm

SUKKUR (92 News) – Pakistan Peoples’ Party (PPP) senior leader Khursheed Shah’s judicial remand has been extended for 5 days in assets beyond known sources of income case on Saturday. The court ordered to produce the PPP leader on December 12 again. During the hearing, Khursheed Shah’s counsel said that no case is made against … Read More


Budget deficit Pakistan budget deficit PTI Income expenditure ‘Kashmir Banay Ga Pakistan’ GDP

Budget deficit rises to highest level in 28 years

08 August, 2019 1:28 pm 1:28 pm

ISLAMABAD (92 News) – Pakistan’s budget deficit rose to the highest level in 28 years – in the first year of Pakistan Tehreek-e-Insaf (PTI) government – budget deficit increased by 65 per cent rising to a record Rs3.45 trillion because of its sheer failure to enhance revenues and control expenditures. According to the details, the … Read More


No tax on annual property rent income of up to Rs0.2 m: FBR

08 August, 2019 4:06 pm 4:06 pm

ISLAMABAD (92 News) – The Federal Board of Revenue (FBR) has disclosed that it’s not imposing income tax on annual property rent income up to Rs0.2 million. An explanatory notification clarifies new taxation system for selling open plots and constructed properties under the Finance Act 2019. The FBR has exempted tax on annual property rent … Read More


NAB, summons, Shehbaz, Sharif, tomorrow

Assets beyond income: NAB summons Shehbaz Sharif’s wife, daughters

04 April, 2019 9:21 pm 9:21 pm

LAHORE (92 News) – The National Accountability Bureau (NAB) has summoned the wife and three daughters of Opposition Leader in the National Assembly Shehbaz Sharif for investigations into the assets beyond known sources of income case. A notice has been sent to the house of Shehbaz Sharif’s daughter. The NAB has summoned Nusrat Shahbaz on … Read More


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Assets beyond income: NAB summons Shehbaz on April 9

04 April, 2019 5:24 pm 5:24 pm

LAHORE (92 News) – The National Accountability Bureau (NAB) on Friday summoned Opposition Leader in National Assembly and Pakistan Muslim League-N (PML-N) President Shehbaz Sharif on April 9 in assets beyond income case. According to the summon notice, the NAB directed Shehbaz Sharif to appear before the anti-graft watchdog body with complete documents. The PML-N … Read More


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AC extends physical remand of Agha Siraj Durrani till April 12

03 March, 2019 2:35 pm 2:35 pm

KARACHI (92 News) – The Accountability Court (AC) has extended the physical remand of Sindh Assembly Speaker Agha Siraj Durrani till April 12.The Accountability Court has also ordered nab prosecutor to submit progress report at the next hearing. Agha Siraj Durrani was arrested on charges of possessing assets beyond his known income. On March 11, … Read More


Accountability Court frames charges against Ishaq Dar

09 September, 2017 10:26 am 10:26 am

ISLAMABAD (92 News) – The accountability court (AC) has on Wednesday indicted Finance Minister Ishaq Dar over graft allegations after authorities found he had assets that did not match his reported income. Ishaq Dar appeared before the court and the AC judge Mohammad Bashir resumed hearing of the reference against the finance minister. The Judge … Read More