ABAD Archives - Pkrevenue.com

ABAD threatens shutdown, sit-in over rising extortion and insecurity in Karachi

December 17, 2025December 17, 2025Faisal Shahnawaz

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.

ABAD proposes abolishing Section 7E – deemed property income

May 22, 2025May 22, 2025Shahnawaz Akhter

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.

MTO Karachi, ABAD discuss tax issues in construction sector

May 21, 2025May 21, 2025Shahnawaz Akhter

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.

ABAD Lodges Strong Objection Against K-Electric

April 14, 2025April 14, 2025Faisal Shahnawaz

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.

ABAD Rejects Commercial Activities in Residential Buildings

April 9, 2025April 9, 2025Mrs. Anjum Shahnawaz

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.

ABAD Seeks Tax Reforms to Revive Real Estate

January 5, 2025January 5, 2025Mrs. Anjum Shahnawaz

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.

MTO Karachi Urges ABAD to Pay FED on Properties

September 11, 2024September 11, 2024Shahnawaz Akhter

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.

ABAD Decides to Move Court Against 2024-25 Budget

July 2, 2024July 2, 2024Shahnawaz Akhter

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.

ABAD Fears Tax Measures to Divert Real Estate Investment

June 27, 2024June 27, 2024Shahnawaz Akhter

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.

Sindh Launches Online Digitalization Services at ABAD

December 17, 2023December 17, 2023Hamza Shahnawaz

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).

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