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Monday, December 15, 2025 07:57 AM
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(15)
   Aalee
Tuesday, May 31, 2011 02:29 PM PST 
Reply: >
INCOME TAX ON FOREIGN EARNED MONEY
I shall be highly thankful for the advice regarding how a pakistani living abroad can have an income tax no. to buy a car in his name in Pakistan.
If the bank deposits in the bank transferred from abroad or the benifit a amount earned therefrom is liable to Tax.If a Pakistani living abroad is required to fill income tax returns
Habib replied on Tuesday, May 31, 2011 07:15 PM PST 

I think there is some provision to take Naional Tax number by overseas people, It is sort of declation Mentioning details and they can be issues NTN and can buy Car etc.
If You are earning money Investing in pakistn Like National savings or some regular Income schemce in Bank then you are Liable for Tax, as it is In Pakistan incomes, But only tAX EXPERTS cAN TELL AS A FIXED tAX OF 10% called withholding Tax is already paid
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(14)
   AALLEE
Saturday, February 5, 2011 04:38 PM PST 
Reply: >
Respected CMY sahib and other valued viewers .

i need your advise and cooments. In case a retired person has around 50 lacs of investment.
what is the safe and possible way of investment to earn proper living in current situation in Pakistan other tha putting for interest in a bank

aalee
CMY replied on Saturday, February 5, 2011 06:32 PM PST 

Buy a Safari Villa in Bahria town and rent it day after transfer. You get running income and will have lot of value gain in future.

Ch Mujahid Yasin ( CMY )
03224009967
AALEE replied on Saturday, February 5, 2011 08:11 PM PST 

I really honour your advise.Thanks for your prompt reply and comments. However, would it not be difficult and odd situation in case one comes accross a tenent who is reluctant to pay the rent and also refuse to pay the rent. There is no way in Pakistan to get rid of such tenents.
Is Bahraia town safe from this point of view.
Further the respective safari villas are located in lahore bahria or PINDI.What is the rent their rent value now a days.
Thanks
Saleem replied on Saturday, February 5, 2011 11:43 PM PST 

good idea
Ahmad replied on Saturday, February 5, 2011 11:44 PM PST 

I have a slightly different point here. I suggest you should diversify your investment. If your kids are independent then probably you will get some pension to meet your daily needs. Other than that you have four options to invest your money: property, stocks, saving account, and Gold. I suggest to keep some part of money safe. You can spare up to 30 lakhs for property investment to buy a plot in a good society. 10 lakh can be deposited to saving account because as a retired person you will get lum sum 12 thousand per month from saving account. Remaining 10 lakhs can be invested either in stocks or Gold. Gold is secure but its a physical asset. I prefer that you buy some stable shares in stocks like Fauji Fertilizer, Kot Addu Power, Pak Petroleum, Hub Power etc. These shares have a history of good return on investment. I hope it helps.
MAS replied on Sunday, February 6, 2011 03:40 AM PST 

Each individual case is different. This is a retired person and 50 lakhs is not a huge sum of money. Thinning it out into different forms of investment would probably not be very productive. Stocks have doubled in price over the last 18 months and Gold has also seen sharp rise. Property on the other hand is on the low side therefore I tend to agree with brother CMY in this case. Property has the advantage of giving you CASH FLOW (in form of rent) while protecting you from devaluation of your capital along with possible value gain due to locality development.

As for the risk of getting stuck with a bad tenant, I don’t know of any investment/business in the world that is risk free. You just have to use your best judgment in choosing reliable tenants and develop expertise in drafting legal contract and other related matters. After all most houses are rented out successfully so it cannot be that bad. Also an owner might put his rental income in Islamic bank and earn some halal profit as well. As for which property no one is more qualified to answer that than CMY and he has already given his advice. It would be very helpful if brother CMY would also comment on the expected rent of these Safari Villas.

@Ahmed: As a general approach (not in this case) I have advocated diversification before (including a little bit in Gold) on pretty much similar line as described by you explaining reasons behind each choice. It was probably viewed by LRE as unfairly painting property in a negative light which was not the purpose at all. Readers may please feel free to challenge and contradict my approach.
khalid replied on Sunday, February 6, 2011 06:25 AM PST 

i have same quastion do u please explaian how much is villa and how much should be rent thx
limu replied on Sunday, February 6, 2011 03:08 PM PST 

I would like to disagree with the option of buying a saffari villa and then renting it out in order to have a regular income. Such a theory can only be fruitful in case the house you are renting out has solid construction and does not require any major maintenance before 5 years min. Talking about Saffari villas, it should not be hard for one to guess that how good a third party construction houses can be in a country like ours. Water seepage and termite are the major issues of every second villa there, meaning once you villa gets afflicted with any of these, instead of getting some regular income from that villa, one would rather be pouring in extra money to get these issues fixed.Getting rid of such a villa would almost be impossible as one would never want to dispose it off on throw way price.No offense intended to anyone, i have just put forth a reality based upon my own extensive reasearch on these villas.
baba ji replied on Sunday, February 6, 2011 10:52 PM PST 

AALEE sahib, there is no easy money in world. Renting is also risky sometime. I cam eback from canada because of illness, i had only 30 Lakh Ruppees at that time. it was 2 years ago. i opened a bakery with 15 Lakh only and earning profit of 70,000 almost every month. the remaining 15 Lakhs i bought a plot, that is almost in same price now. but it will be ok in future. dont invest all your money land or property. this nation is going to be hungry, so start any food related small business or shop like me.
FAROOQ replied on Monday, February 7, 2011 05:19 PM PST 

Dear Baba Ji,

Its nice to read your success story of opening a bakery. We would appreciate if you please share your experience in detail like bakery location, franchise or own, products, procurement etc.

May Allah almighty bless you with more success in business.
AG replied on Monday, February 7, 2011 07:52 PM PST 

Al Hamd-u-LiAllah.
Pakistan is still blessed with people like you.
Faisal replied on Tuesday, February 8, 2011 02:04 AM PST 

After reading all this I think mr investor will be more CONFUSED than before.....
LRE Hot Topics replied on Thursday, March 24, 2011 04:15 AM PST 

Post added to LRE Hot Topics list
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(13)
   AAlee
Monday, July 26, 2010 01:13 PM PST 
Reply: >
Prices at phase 8 Bahria Town Rawalpindi
Can some one advise therate for 10 Marla plot in I and K block of phase 8 bahria ralpindi
Plot Nos. 69 Iand 259 K


Please also help me to know one kanal Plot in Block B for Nasheman iqbal phase 2 Lahore
Plot Nos. 69 Iand 259 K
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(12)
   AAlee
Sunday, July 25, 2010 12:53 PM PST 
Reply: >
Good physician in Lahore
being new in lahore I intend to know some very experienced and good physician practicing in lahore for My old mother to cosult for general health problems Can some one post the name / location of his practice
I shall be thankful
AAkram replied on Sunday, July 25, 2010 04:50 PM PST 

AOA,

You may go to Dr. Iftikhar Ahmed (Ex. King Edward Principal) in Chauburji just opposite to PIA Planitarium.
ashraf replied on Monday, July 26, 2010 08:27 PM PST 

Dr Iftikhar is a old man above 80 ,his son has a fake degree, go to some young doctor .
Adnan552 replied on Tuesday, July 27, 2010 10:18 PM PST 

It depends on the problem.

You can see Dr Faisal Masood (Endocrinologist) at Akbar Chowk Faisal Town.

Dr Jawad Zaheer(Physician) at Naseer Clinic at Canal.

If Gastro problem, See Dr Haroon Yousuf at Shalamar Hospital

Hope this helps.
Sabir Khan replied on Tuesday, April 11, 2017 04:47 AM PST 

Dr jawad no longer sit at naseer clinic. he has website www.drjawadzaheer.com it has his number and address map.
Sabir Khan replied on Tuesday, April 11, 2017 04:48 AM PST 

Dr jawad no longer sit at naseer clinic. he has website web it has his number and address map.
Sabir Khan replied on Tuesday, April 11, 2017 04:49 AM PST 

Dr jawad no longer sit at naseer clinic. he has website WEBSITE it has his number and address map.
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(11)
   Aalee
Wednesday, July 21, 2010 03:08 PM PST 
Reply: >
10 marla Plot rates
Can some one advise therate for 10 Marla plot in I and K block of phase 8 bahria ralpindi

and one kanal Plot in Block B for Nasheman iqbal phase 2 Lahore
Ahmer replied on Wednesday, July 21, 2010 03:20 PM PST 

can u tell me the plot number and your demand ???
aalee replied on Wednesday, July 21, 2010 06:44 PM PST 

It is 81 K and 169 K please
Rana replied on Thursday, July 22, 2010 12:53 AM PST 

###################
CMY FOR PRESIDENT
###################
You'll have my vote.
Guest replied on Thursday, July 22, 2010 05:10 PM PST 

value for 10 Marla of K-Block is around 14 lac.

Regards,
Guest
aalee replied on Saturday, July 24, 2010 03:17 AM PST 

Dear guest i enquired about 10 marla plot in bahria RAWALPINDI PHASE 8 "k BLOCK :
Is it the same you informed
regads
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(10)
   Malik
Tuesday, July 20, 2010 03:58 AM PST 
Reply: >
Comparison
Dear CMY

If i ask comparison between DHA phase 6 and Divine gardens in 3 years times, which scheme you prefer for living and standard vise.

Ur reply will be highly appreciated.
Regards
Malik
limo replied on Tuesday, July 20, 2010 03:55 PM PST 

Few questions about Divine Gardens:

1. Do they have 5 or 10 marla plots for sale on 3 years installment plan.
2. 10 marla homes - sold out, does it mean that they had a specific number of homes which were to be constructed and all of those numbers are already booked.
3. Where can one see the 5 and 8 marla floor plans from.
4. Do they have any model houses ready by now.

Thanks
Mahmood replied on Tuesday, July 20, 2010 07:34 PM PST 

Dear Sir,
1. Are big(1Kanal or larger) plots also available, how i can book and what are the sizes & rates?
2. The big plots are also available on installements or cash.
3. I can build house my self or I have to get it constructed through divine authorties.

Regards
Aalee replied on Tuesday, July 20, 2010 07:38 PM PST 

Dear sir
can you please tell the prices at devine gardens
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