Daily The Business

Minister Revenue holds departmental meeting


Our Special Correspondents

Lahore: Provincial Minister Revenue Malik Anwer presided departmental
meeting at new minister block’s office, Thursday. DG Land Record Aslam
Rao briefed to the Minister that Lahore Has Improved 9 Points in Ease
of Doing Business as per World Bank Doing Business Indicators.
 According to report that time required to complete property
registration drop to 25.5 days from 56 days. Cost required to complete
property registration (% of property value) reduced to 4.2% from 5.2%
of the value of land. Quality of land administration index improved to
14 points from 10.5 points. Distance to frontier (DTF) increased from
55 to 66 points (24% increase). He further briefed that Pakistan is
also one of the 70 economies that uses doing business indicator as one
input to inform their program for improving the business environment
and Pakistan (Lahore) made registering property easier by streamlining
and automating administrative procedures and    by    increasing
the    transparency of its land administration system. The provincial
Minister congratulated to DG Land record on great success and wished
further improvements in the future.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy