Latest Economic Implications News & Updates

New Delhi, April 25 (IANS) Pakistan’s latest revision of property valuation tables by the Federal Board of Revenue (FBR) has once again exposed the formidable influence of the real estate sector and the state’s limited ability to enforce meaningful tax reforms in this domain, a report has said. What was initially presented as a move to bring official land values closer to prevailing market rates has, over time, been steadily watered down through a series of reversals, suspensions and concess…