The Lahore High Court has ruled that non-Muslims cannot inherit property from their Muslim relatives under Islamic law. The case revolved around a land dispute in Gojra, where a Muslim grandson challenged the inheritance rights of his Ahmadi relative, arguing that Islamic law does not allow non-Muslims to inherit from Muslims. Justice Chaudhry Muhammad Iqbal […]
According to the proposed amendment, non-taxpayers will be barred from opening bank accounts, purchasing vehicles above 800cc, and buying property above a certain limit. Additionally, non-taxpayers will not be allowed to make transactions above a certain threshold, and their bank accounts will be frozen if they fail to register for sales tax within two days. […]
Pakistan like many other countries has faced a significant property crisis over the years This has led to many challenges for both potential homeowners and investors contributing to socio-economic inequality and hindering overall economic development. The increasing trend of urbanization in Pakistan is one of the primary reasons for the property crisis. Major cities like […]
Under the new law, special courts will be set up to address property disputes for overseas Pakistanis, ensuring their cases are resolved within 90 days. President Zardari also approved the Deposit Protection Corporation Amendment Bill 2024, granting both approvals under Article 75 of the Constitution. On October 17, the Senate passed the bill for establishing […]
As reported by Indian media outlets, a Mumbai bank seized a part of the property, belonging to Bollywood actor Rajpal Yadav, in the Shahjahanpur district of Uttar Pradesh, on Wednesday, due to the non-payment of a loan. Reportedly, Yadav had taken a loan from the bank by mortgaging the property, stated the manager of Central […]
Out of the Rs70 billion, an amount of Rs30 billion will be the impact of increase in property valuations and the remaining Rs40 billion is estimated to be collected through a higher withholding tax on the revised valuations and the new withholding tax rates. The statement about property valuation was made during a meeting of […]
