Affordable housing is one of the top-level provisions, says the Prime Minister of Pakistan. He recently stressed on timely completion of housing projects.
PM Imran Khan had a recent conversation with Federal Minister of Housing, Tariq Bashir Cheema. The two discussed the matter in detail.
The PM appreciated the efforts of the housing ministry and their project for federal employees’ housing plan.
Earlier this month, the Housing Minister of KP, Amjad Ali appreciated the PM’s grant of construction-related incentives. These incentives are believed to benefit the entire construction industry.
Under the new incentive plan, the government will apply only 5-7% of taxes related to the construction industry. The taxes vary, however, on the size of the plot.
In addition to this, the PM has also given relief benefits to low-income people.
It is said that last year the government had PKR 30 billion in reserves only for low-cost housing schemes. And there are some 186 construction projects around the country the government intends to complete.
News Desk is the author at Research Snipers covering all Pakistan news including Business, Social, Entertainment, Economy, Pak News, World News, and More. News Desk is managed by a senior editor at Research Snipers.