Enforcement of Foreign Judgement & Decree in Pakistan

Enforcement of Foreign Judgement in Pakistan. The Section 44.A. describes the procedure for enforcement of Foreign Judgments in Pakistan, which is reproduced as under :- (1) Where a certified copy of a decree of any of the superior Courts of the United Kingdom or any reciprocating territory has been filed in a District Court, the decree […]

Purchase of Plot in DHA Defence Housing Authority Karachi Pakistan

One of our Client residing in New York, United States of America is interested to Purchase a Bungalow and an Open Plot in Defence, Karachi. Preferably in DHA Phase VIII. Any person / Owner / Estate Agent interest to Sale Property in Defence Karachi, preferablly in DHA Phase-VIII can contact us for negotiations.   For […]

How foreigners can invest in Pakistan real estate

Foreigners living in Pakistan could be discouraged to rent or buy property here in the sense that a little bit lengthy and lethargic process which can take several months to complete. The following post discusses the process in detail as well as why the government needs to relax the process in order to attract foreign […]

Property Valuation FBR State Bank of Pakistan

The Finance Bill 2016 an amendment to Section 68 of Income Tax Ordinance, 2001 had been proposed under which commissioner Inland Revenue had been empowered to reject the collector value of provincial government and appoint valuation committee to ascertain fair market value to determine the income tax. The amendment seeks to determine fair market value […]