PM announces one-year extension in construction package | Pakistan Development | Life TV Online

Prime Minister Imran Khan has announced a one-year extension in the construction package. Referring to the development package, Prime Minister Imran Khan said that construction projects worth Rs. 163 billion have already started in Punjab, adding that construction projects worth Rs. While the projects will create 2.5 million jobs in Punjab. The Prime Minister also said that loans at low interest rates of 5 to 7 per cent would be provided for low cost houses and banks would extend all possible cooperation in this regard while in the first phase one lakh houses would be constructed at a subsidy of Rs 3 lakh per house. Imran Khan also said that the fixed tax regime in the construction sector has been extended till December 31, 2021, after which master plans will be drawn up in all major cities. #constructionpackage #oneyearextention #imranhan #lowcosthomes #loanficility #subsidy