KARACHI: Administrator Defence Housing Authority (DHA) Multan Brigadier Muhammad Shoeb Anwar
Kiyani has said that Section 7E of Income Tax Ordinance 2001 was not a wise decision and that this
section will be abolished soon.
He was addressing a seminar “Revitalizing Real Estate Industry of Pakistan” here at ABAD House
organized by DHA Multan and hosted by ABAD. He said that we had approached GHQ for removal of this
section but the then government was adamant to implement on it. He was hopeful that this section will
be abolished soon.
Brigadier Kiyani said that DHA and ABAD can work together for the betterment of national economy. He
said that real estate sector is an attractive investment opportunity for every people. DHA Multan has
organized a three-day Expo in Karachi from 13 th October, 2023.
Senior Vice Chairman ABAD Ibrahim Habib, Vice Chairman Zeeshan Siddiqui, Chairman Southern Region
Mustafa Shaikhani, officers and staff of DHA Multan and a large number of ABAD members were
present on this occasion.
Earlier addressing the seminar, Chairman Association of Builders and Developers of Pakistan (ABAD) Asif
Sumsum, emphasizing on need of reviving construction industry to take the country out of present
economic crisis, has said that ABAD and Defense Housing Authority (DHA) can remove hurdles for
growth of real estate and construction industry.
Chairman ABAD said that real estate sector is considered back bone of any country’s economy and this
sector is given special attention and relief to take the national economy out of the crisis because
construction and real estate are running more than seventy allied industries, which are also creating
thousands of job and government could earn more taxes.
Chairman ABAD Asif Sumsum presenting memento of ABAD to Administrator DHA Multan
Brig. Muhammad Shoeb Kiyani after a seminar at ABAD House. Senior Vice Chairman IbrahimHabib, Vice
Chairman Zeeshan Siddiqui, Chairman Southern Region Mustafa Shaikhani, former chairmen Hanif
Gohar and Fayyaz Ilyas and others are also seen in picture.
