Karachi, December 17, 2025 — The Association of Builders and Developers (ABAD) on Wednesday issued a one-month ultimatum to the government, warning of a citywide shutdown of construction activities and protest sit-ins if rising incidents of extortion and kidnapping for ransom are not curbed by January 15, 2026.
(more…)Tag: ABAD
ABAD (Association of Builders and Developers of Pakistan) represents the construction industry, promoting housing development, real estate growth.
-
ABAD proposes abolishing Section 7E – deemed property income
Karachi, May 22, 2025 – In a powerful and urgent appeal, the Association of Builders and Developers of Pakistan (ABAD) has demanded the immediate abolition of the controversial deemed income tax under Section 7E of the Income Tax Ordinance, 2001.
(more…) -
MTO Karachi, ABAD discuss tax issues in construction sector
Karachi – In a significant move to address long-standing tax concerns within Pakistan’s construction sector, the Medium Taxpayers Office (MTO) Karachi and the Association of Builders and Developers of Pakistan (ABAD) held a comprehensive dialogue on Tuesday.
(more…) -
ABAD Lodges Strong Objection Against K-Electric
Karachi, April 14, 2025 – The Association of Builders and Developers of Pakistan (ABAD) has raised serious concerns against K-Electric, submitting a formal complaint to the National Electric Power Regulatory Authority (NEPRA) over what it terms a “discriminatory approach” in applying the diversity factor for power load assessments.
(more…) -
ABAD Rejects Commercial Activities in Residential Buildings
Karachi, April 9, 2025 – The Association of Builders and Developers of Pakistan (ABAD) has strongly opposed the recent amendments to the Karachi Building and Town Planning Regulations (KBTPR) 2002, which now allow commercial activities in residential areas.
(more…) -
ABAD Seeks Tax Reforms to Revive Real Estate
The Association of Builders and Developers of Pakistan (ABAD) has called on the government to abolish the 3% Federal Excise Duty (FED) imposed on the housing sector to stimulate its revival. The organization stressed that this move is essential for addressing the ongoing challenges in the real estate market and boosting economic growth.
(more…) -
MTO Karachi Urges ABAD to Pay FED on Properties
Karachi, September 11, 2024 – The Medium Taxpayers Office (MTO) Karachi has called upon members of the Association of Builders and Developers (ABAD) to comply with the newly implemented Federal Excise Duty (FED) on immovable properties.
(more…) -
ABAD Decides to Move Court Against 2024-25 Budget
Karachi, July 2, 2024 – The Association of Builders and Developers of Pakistan (ABAD) has announced its decision to challenge the harsh tax measures introduced in the 2024-25 budget in court.
(more…) -
ABAD Fears Tax Measures to Divert Real Estate Investment
Karachi, June 27, 2024 – The Association of Builders and Developers (ABAD) has voiced concerns that the tax measures introduced in the 2024-25 budget will redirect the flow of dollars away from Pakistan.
(more…) -
Sindh Launches Online Digitalization Services at ABAD
KARACHI: Sindh Caretaker Minister for Revenue, Industry, and Commerce, Younus Dagha, inaugurated E-Services for Revenue land digitalization and an Online Facilitation Center at the prestigious head office of the Association of Builders and Developers of Pakistan (ABAD).
(more…)