Advertise
Search Options
Search
Start New Discussion 
Ask Now
Prop Guide

Property Guru
7338 posts
24 best
Nadeem Ahmed

Property Guru
4855 posts
18 best
Falcon

Property Guru
4705 posts
6 best
Pakistani-1

Property Guru
3031 posts
26 best
Nasir

Property Guru
2515 posts
21 best
Abdul Qayyum

Property Guru
2327 posts
6 best
Khalid Javai

Property Guru
1972 posts
0 best
Sayeein

Property Guru
1868 posts
0 best
Imtiaz

Property Guru
1866 posts
11 best
Sheikh Abdul

Property Guru
1753 posts
16 best
Baber Rabban

Property Guru
1716 posts
16 best
Isloo

Property Guru
1529 posts
3 best
Dsa

Expert Authority
1469 posts
2 best
Syed Ibrhaim

Expert Authority
1438 posts
17 best
Arshad

Expert Authority
1189 posts
1 best
Pardesi

Expert Authority
1172 posts
8 best
Mbs

Expert Authority
1157 posts
13 best
Ht

Expert Authority
1114 posts
9 best
Irfan

Expert Authority
1112 posts
8 best
Real Estate

Expert Authority
1052 posts
3 best
Become an expert on the forum, check Forum Ranks.
General Advice discussions and advice. Participate in ongoing dicussions and get invaluable General Advice advice from people who are experts in their industries or start a new General Advice discussion.
Isloo1
( 810 posts )

[6 Replies]
Pakistan missed by inches getting blacklist status in the Feb meeting of Financial Action Task Force (FATF) in Paris. The danger is still looming and if concrete measures are not taken by May deadline it might stifle the economy which is already on ventilator.

It would take immense agility to maneuver out of this mess without stepping on landmines -- an ability that Sharifs lacked and took the speeding train head-on.

To me this has direct bearing on property market, therefore deserves some serious thoughts.

Pointers to news items:

https://www.dawn.com/news/1467387/fatf-pressure-mounts-on-pakistan-as-monitoring-unit-reports-8707-suspicious-transactions-in-2018

https://www.dawn.com/news/1467883

https://www.pakistantoday.com.pk/2019/03/04/inclusion-in-ec-terror-financing-list-adds-to-pakistans-difficulties-at-fatf/

http://www.customstoday.com.pk/finance-secretary-warns-of-sanctions-over-fatf-non-compliance/

    599 days ago In General Advice
    Post Answer
    Sajjad Ahmed
    (20 posts)
    Unfortunately govt is not experienced about the financial side of things and it will affect property.They just want tax and in return there is nothing delivered back (health, safety ,security )
      599 days ago 

      Isloo1
      (810 posts)
      Situation on the other hand is very serious. Recent actions on proscribed organizations and meetings with FBR/Sate bank officials shows the desperate measures are taken.
        598 days ago 

        Ty Phoon
        (234 posts)
        What are the sanctions like? What will happen if they sanction Pakistan?
          597 days ago 

          Ali Nouman
          (26 posts)
          The IT freelance/companies or almost all export and import business will be hurt alot. We already have pretty serious scrutiny while sending or receiving money with huge taxes/fees. We are going to be collapsed.
            597 days ago 

            Ty Phoon
            (234 posts)
            Too bad I have an IT company.. Maybe moving to Dubai would help?
              597 days ago 

              Ali Nouman
              (26 posts)
              Yes moving to Dubai or Singapore would work where I think income tax is already 0.
                597 days ago 

                Post Answer (6 Replies)
                Post Reply
                 
                Username:
                Password:
                Email Basket (0)
                SEND EMAIL   REMOVE ALL