{"id":64566,"date":"2020-04-24T09:44:14","date_gmt":"2020-04-24T04:44:14","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64566"},"modified":"2020-04-24T09:44:15","modified_gmt":"2020-04-24T04:44:15","slug":"construction-relief-package-to-trigger-investment-pkr-60bn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/construction-relief-package-to-trigger-investment-pkr-60bn.html","title":{"rendered":"Construction industry relief package expected to trigger business activity worth PKR 60bn"},"content":{"rendered":"\n<p>Islamabad: The government has anticipated inflows amounting to PKR 50\u201360 billion following its notification of a construction package for the country\u2019s construction industry, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/construction-related-govt-departments-reopen.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction-related govt departments to reopen in Punjab<\/a><\/p>\n\n\n\n<p>According to official estimates, this <a href=\"https:\/\/www.zameen.com\/news\/imf-supports-governments-construction-sector-package.html\" target=\"_blank\" rel=\"noreferrer noopener\">relief package <\/a>for the construction industry will trigger business activity across the country. If this investment estimate is realized, then Pakistan\u2019s economy will leave worst of the COVID-19 impact behind and be on the way of development by August 2020.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/construction-industry-relief-package-double-documented-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction industry relief package to double documented economy\u2019s size: experts<\/a><\/p>\n\n\n\n<p>Previously, over 100,000 people availed the amnesty scheme and revealed assets worth of PKR 150 billion. As a result, the Federal Board of Revenue (FBR) was able to collect taxes amounting to over PKR 14 billion.<\/p>\n\n\n\n<p>The major chunk of individuals who availed the amnesty scheme belonged to the construction sector. Those 100,000 people who became part of the tax net through the amnesty scheme are expected to invest in the construction sector under the new relief package.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government has anticipated inflows amounting to PKR 50\u201360 billion following its notification of a construction package for the country\u2019s construction industry, according to news sources. Read: Construction-related govt departments to reopen in Punjab According to official estimates, this relief package for the construction industry will trigger business activity across the country. If this investment estimate is realized, then Pakistan\u2019s economy will leave worst of the COVID-19 impact behind and be on the way of development by August 2020. Read: Construction industry relief package to double documented economy\u2019s size: experts Previously, over 100,000 people availed the amnesty scheme and revealed assets worth of PKR 150 billion. As a result, the Federal Board of Revenue (FBR) was able to collect taxes amounting to over PKR 14 billion. The major chunk of individuals who availed the amnesty scheme belonged to the construction sector. Those 100,000 people who became part of the tax net through the amnesty scheme are expected to invest in the construction sector under the new relief package.<\/p>\n","protected":false},"author":75,"featured_media":63690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[27185],"persona":[],"class_list":{"0":"post-64566","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-construction-industry-relief-package-expected-to-trigger-business-activity-worth-pkr-60bn","9":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Construction relief package to trigger investment PKR 60bn- Zameen News<\/title>\n<meta name=\"description\" content=\"The government has anticipated inflows amounting to PKR 50\u201360 billion following its construction package for the country\u2019s construction industry\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/construction-relief-package-to-trigger-investment-pkr-60bn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction relief package to trigger investment PKR 60bn- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The government has anticipated inflows amounting to PKR 50\u201360 billion following its construction package for the country\u2019s construction industry\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/construction-relief-package-to-trigger-investment-pkr-60bn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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