CBD PUNJAB EMPOWERS STAFF WITH FINANCIAL KNOW-HOW THROUGH TAX WORKSHOP

Lahore: Wednesday, August 23, 2023. In a bid to foster financial literacy and raise awareness about tax implications among its employees. The Finance Directorate of Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), organized a Tax Workshop at CBD Punjab Complex. The workshop was aimed to provide insight into tax laws and amendments done in Finance Act 2023.

The workshop addressed a wide spectrum of tax-related subjects, including income tax implications on salaries, commissions, property transactions, rentals, sales, goods, services. General sales tax GST) and Punjab Sales Tax (PST). The workshop was a proactive effort to empower participants with knowledge of taxation laws aiding them in making informed financial decisions.

Executive Director Finance CBD Punjab, Syed Habban Subhani, while expressing his thoughts said, "Financial awareness is essential for sustainable economic growth. Our workshop serves as a platform to empower individuals with knowledge about tax regulations, enabling them to navigate the financial landscape more effectively.”

To ensure the delivery of accurate and up-to-date information, CBD Punjab invited distinguished tax experts to lead the workshop. Notable speakers included Talal Zahic (RSM Avais Hyder Liaquat Nauman Chartered Accountants). The session was attended by enthusiastic staff members of CBD Punjab, fostering an atmosphere of collaborative learning and knowledge exchange. The workshop concluded with a certificate distribution ceremony among participants.

The event marked another stride in PCBDDA's dedication to a conducive business ecosystem in Punjab. By hosting informative sessions such as this tax workshop, CBD Punjab continues to play a vital role in ensuring that stakeholders are equipped to navigate the complexities of financial regulations in a rapidly evolving economic landscape.

About PCBDDA: 

Punjab Central Business District Development (PCBDDA), also known as Central Business District (CBD Punjab), is Pakistan's first central business district. CBD Punjab is a landmark project that aims to put Pakistan on the map of global business districts. With a focus on eco-friendly urban regeneration and economic generation, by following vertical principles. The authority has secured an investment of 56.47 Billion PKR investment from its two grand 

auctions of Lahore Prime and Lahore Downtown where CBD Punjab auctioned 12 mixed-use commercial plots. The Authority has completed the mega project of the Kalma Underpass CBD Punjab Boulevard for 4.2 billion PKR. The ground-breaking ceremony for the Bab-e-Pakistan and Walton Road upgradation has also taken place and construction work has been initiated, a state-of-the-art parking plaza with a parking capacity of 2500 vehicles is under construction at the CBD Punjab project site.