ISLAMABAD: Hotel business has been allowed to carry forward loss for a period of eight years from the tax year starting from July 01, 2020.
The amendment has been introduced through Finance Act, 2020, which was recently approved by the National Assembly.
A new sub-section 2B of Section 57 to Income Tax Ordinance, 2001.
The new sub-section is as:
Sub-section 2B: Where a loss, referred to in sub-section (2), relating to a tax year commencing on or after the first day of July 2020 is sustained by a resident company engaged in the hotel business in Pakistan, the said loss shall be carried forward for a period of eight years.”
The sub-section of the Section 57 before the amendment is read as:
(2) If a loss sustained by a person for a tax year under the head “Income from Business” is not wholly set off under sub-section (1), then the amount of the loss not set off shall be carried forward to the following tax year and applied as specified in sub-section (1) in that year, and so on, but no loss can be carried forward to more than six tax years immediately succeeding the tax year for which the loss was first computed.
(2A) Where a loss, referred to in sub-section (2), relating to any assessment year commencing on or after 1stday of July, 1995, and ending on the 30thday of June 2001, is sustained by a banking company wholly owned by the Federal Government as on first day of June, 2002, which is approved by the State Bank of Pakistan for the purpose of this sub-section, the said loss shall be carried forward for a period of ten years.
Stay in Al-Sana Hotel for less with Vacation setup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. This is one ob the best hotels in Pakistan. So, setup your Vacations with the Pakistan Hotel Bookingwebsite and enjoytourism in Pakistan. Also check: Hotels in Murree Hotels in Islamabad Hotels in Lahore
Stay in SHEARS EXCALIBUR for less with the Vacation setup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. Shears Excalibur is located in Sialkot. All famous and important buildings are within short walk distance to all sites and the hotel is surrounded by extraordinary beautiful buildings, shops, and visiting places. Upon entering this charming hotel, you will immediately sense its special intimate atmosphere that makes you feel like being in your own home. Shears Excalibur hotel is featured with Hot tub, Fitness center, Bar, Restaurant, Full-service laundry, Wheelchair accessible, Kid-friendly. The nearest airport is Sialkot Airport, 22 km from the hotel. This is one ob the best hotels in Pakistan. So, setup your Vacations with the Pakistan Hotel Booking website and enjoy tourism in Pakistan. Also check: Hotels in Murree Hotels in Islamabad Hotels in Lahore
Stay in the hotel for less with Vacation setup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. The hotel is just 10 minutes away from Main Mall, Road. This guest house in Murree combines a high standard of services with permanent attention to details, you will discover the luxurious comfort and superb cuisine by every modern facility of all 17 elegant guest rooms, suites and executive class/presidential apartments. The bedrooms of Pines Hill guest house Murree are comfortable and tastefully decorated with modern amenities including direct dial telephone, free wireless internet access, cable and satellite channels. Free Car Parking available. The hotel is at a prime location. So, Enjoy your tourism in Pakistan with Pakistan hotel booking website.
Luxus Luxury Hotel is here to provide you with a unique tour, creating an unforgettable experience of staying, relaxing and rejuvenating in Attabad, Hunza. Inspired by the endless blue and the lakes, Luxus Hunza combines high-quality services that exceed this level of luxury hospitality.
Just a few kilometers from Karimabad City, Luxus Hunza is located right on the shore of Lake Atta Abad. Book your perfect accommodation in Loretus Attabad in the relaxing pool at Tour My Pakistan for good prices. Luxus has a luxus lake view chalet. Tour My Pakistan offers Luxus hotel quality at affordable prices. We offer Luxus Hunza booking online.
Stay in TITANIC RESORT for less with the VacationSetup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. Titanic Resort located in Faisalabad. Titanic Resort has luxury rooms with all access to the sports hall while staying in our room. Also, give 15% discount in a restaurant with rooms. As well as also providing swimming pools at very low prices and luxury resides here also providing top floor swimming pool with rooms. All the rooms are equipped with basic amenities like the internet, 24/7 Room service, Kitchenette, and some have attached swimming pools. The Faisalabad International Airport is 11 km from the hotel. Book your room now from one of the best pakistan hotel booking website and enjoy tourism in Pakistan.
Stay in Umar Guest House for less with Vacation setup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. The hotel is just 10 minutes away from Main Mall, Road. This guest house in Murree combines a high standard of services with permanent attention to details, you will discover the luxurious comfort and superb cuisine by every modern facility of all 17 elegant guest rooms, suites and executive class/presidential apartments. The bedrooms of Pines Hill guest house Murree are comfortable and tastefully decorated with modern amenities including direct dial telephone, free wireless internet access, cable and satellite channels. Free Car Parking available. The hotel is at a prime location. So, Enjoy your tourism in Pakistan with Pakistan hotel booking website.
The Hotel is located in the heart of the city in an extremely characteristic and lively area within a short walk distance to all sites and is surrounded by extraordinary beautiful buildings, shops, and visiting places. when entering this charming hotel, you will immediately sense its special intimate atmosphere that makes you feel like being in your own home. This comfortable hotel offers a convenient location, ideal whether in town for business or for pleasure. Book your hotels now from Pakistan hotel booking website to enjoy tourism in Pakistan.
One of the
most popular and popular tourist destinations in Pakistan, Hunza Valley is
nestled between the highest and tallest mountains of the world. Playing an important role in promoting regional tourism from the early days of the Hunza
View Hotel.
Built in
1992, the hotel continues to be one of Hunza Valley's most popular sectors.
Located in
the heart of Hunza, it is one of the most famous and luxury star hotels in the
city. Hunza Views are among the top hotels in the Hunza region equipped with
all the necessary amenities in the house including decorated gardens, large car
park, WIFI, 24/7 room service, PBX interchanges and indoor sports facilities.
Over the years, the Hunza View Hotel has been redesigned to give you a modern
twist while preserving the traditional hospitality.
Each year
the Hunza View Hotel not only attracts a large number of domestic and
international visitors but also works with the state-owned enterprises through
a forum for conferences and conferences. With the motto "Because we work
better" HVH entertains more than 30% of domestic, national and
international visitors to the Hunza Valley.
The Hotel Crown Inn is located in the heart of the city in an extremely characteristic and lively area within short walk distance to all sites and is surrounded by the extraordinary beautiful buildings, shops, and visiting places. when entering this charming hotel, you will immediately sense its special intimate atmosphere that makes you feel like being in your own home. This comfortable hotel offers a convenient location, ideal whether in town for business or for pleasure. Setup your vacations and book your room now from best Pakistan Hotel Booking website and enjoy tourism in Pakistan.
When it comes to ancient history, Pakistan contains its fair share of treasures, one of these is the ancient metropolis of Taxila. It is a city of the Gandharan civilization, sometimes known as one of its capitals, whose history can be traced from early microlithic communities at the Khanpur caves. Taxila was a hub of Buddhism, a center of learning, an urban metropolis and a meeting point of various cultures.
Taxila, located in the Rawalpindi district of Pakistan’s Punjab province, is a vast serial site that includes a Mesolithic cave and the archaeological remains of four early sites, Buddhist monasteries, and a Muslim mosque and madrassa. Situated strategically on a branch of the Silk Road that linked China to the West. Taxila is famous for its handicrafts which not only reflect the city’s culture but the history of the place as well. Apart from the handicrafts, the city’s stonework is also very famous and a small cottage industry for stone works has emerged in the city. The ruins of the four settlement sites at Taxila reveal the pattern of urban evolution on the Indian subcontinent through more than five centuries. One of these sites, the Bihr mound, is associated with the historic event of the triumphant entry of Alexander the Great into Taxila. The archaeological sites of Saraikala, Bhir, Sirkap, and Sirsukh are collective of unique importance in illustrating the evolution of urban settlement on the Indian subcontinent. The Taxila Museum is one of the most famous museums in Pakistan. The artifacts displayed at the museum depict the ancient culture as well as the history of the area and displays countless artifacts from the Gandhara civilization. The city has its own railway station but no airport and the nearest airport lies in Islamabad. The historical significance of the city overall has no impact on the lives of the people of the area, there are no ruminants of the Buddhist culture in the lives of the natives of Taxila and they lives are dictated primarily by the Punjabi culture, whether these are their own personal individual lives or their lives in a social capacity.
There are many large and small sites which include stupas, monasteries, and other ancient buildings spread out over a wide area.
Khanpur Cave is a site which reveals that Taxila was inhabited in prehistoric times. The 10ft deep and 25ft wide Mesolithic period cave high up on the hill and has produced microlithic made tools as well as Buddhist stupas and monasteries.
Sarai Kala The mound of Sarai Kala has evidence of the earliest prehistoric settlement, in the Mesolithic period, and also later Bronze age and Iron age settlements. It preserves Neolithic remains going back to 3360 BC and Early Harappan remains of 2900-2600 BC.
Bhir Mound is an archaeological site that was once a major city founded around the 6th century BC, the oldest ruins of a city at Taxila. The oldest part of ruins, from the 5th and 6th centuries BCE, is believed to be the remains of Persian/Achaemenid Taxila. Later ruins are from the 4th century BCE, after the invasion of Alexander the Great, and the 3rd, during the time of the Maurya kings of India. There are also some ruins after the Mauryan period.
Sirkap was once a major thriving walled city. It was founded by the Greek king Demetrius I in the 2nd century BCE and was later rebuilt by king Menander I of the Indo-Greek kingdom. Sirkap houses around stupa which is one of the oldest stupas in the Indian subcontinent, a large sanctuary building known as Apsidal Temple, a magnificent Double-Headed Eagle Stupa as well many houses.
Sirsukh The fortified ruined city of Sirsukh was once a major city, and was among the last ancient cities of Taxila. The city was founded by the Kushan king Kanishka the Great after 80 CE.
Food City Taxila, HMC Rd, Near Overhead Bridge. Serve delicious Pakistani dishes, Bar BQ as well as seafood. Royalson, Grand Trunk Road. Restaurant with pleasant ambiance inside the Hotel Royalson, has some mouthwatering Pakistani and Chinese dishes on the menu. Fast Food Inn, Near UET. A fast-food restaurant is popular among foreign tourists to Taxila. Gandhara hotel and restaurant, Khanpur Rd. Serves some of the most delicious Pakistani food and fried fish in town. A few other establishments that serve basic but hygienic Pakistani foods are Sherazi Restaurant, Dream Land, Krispo fast food, all on Khanpur Rd, or Hang In, Kabli Hotel and Valley Food scattered along the National Highway within the town limits. As in other Pakistani cities, any decent restaurant will be happy to serve you good chai, juice or coffee.
If you’re looking to discover somewhere new, look no further than Taxila. Whether you’re planning to stay for a night or for the week, the area around Taxila has accommodations to fit every need. Search for hotels in Taxila with vacationsetup.pk we have the best hotels so you can see how close you are from landmarks and attractions, and then refine your search within the larger area. VacationSetup gives the best Taxila hotel deals with our lowest price guarantee. Setup your vacation with VacationSetup to enjoy tourism in Pakistan as it is the best Pakistan hotel booking website so far.
From the Karakorum’s in the North to the beautiful Indus River in the South, Pakistan is a land full of fun, adventure, greenery, and scenic beauties. Pakistan is blessed four seasons; each season has its own beauty, joy, peace, and colours. The beautiful colours of spring, snow-covered mountains in winter, the warmth of summer, the chillness and warmth combination of autumn makes Pakistan a place open to every person’s interests.
Pakistan is also blessed with a beautiful variety of flora and fauna. High Margalla Hills, Himalayas, Karakoram and the Hindukush ranges with their aerial meadows and beautiful snow-covered hilltop views, where activities like snow hiking, snow skating, snowboarding, horse riding, Hiking, mountaineering, water rafting, hunting, trout fishing camping and many other activities like these can be held there, which makes tourism is Pakistan the most adventurous and enjoyable.
Furthermore, Heavy green forests, the vast Indus plains with the great desert, the coastal lines and activities there like hunting, mountain and desert jeep safaris, camel, yak safaris, trout fishing, and camping are also a major attraction of tourism in Pakistan.
Also wetlands like Hunza valley, Sawat and many more, all have a rich variety of the juiciest fruits and vegetables (the best in the world). During summers the roofs of all houses there are covered with apricots, cherries, apples, berries, peaches, pears and many more, which not only makes it sight for sore eyes but are given to the tourism by the generous people there with warm hostility, these places are especially noted for their
friendliness and hospitality.
Also, Ten of 18 mammalian orders are represented in Pakistan with species ranging from the world’s smallest surviving mammals, the Mediterranean Pigmy Shrew, to the largest mammal ever known; the blue whale.
Travellers also come and experience the historical heritage of one of the oldest civilizations in the world, Hindu temples, Sikh gurdwaras and Buddhist monasteries, worship at the rich collection of Sufi shrines experience the beauty ranging from blossoming forests and the peaks in Gilgit-Baltistan to pristine beaches in Gwadar.
Pakistan is a safe Major tourist point as it has special security arrangements to protect the sightseers. The special police forces are deployed to counter all the depraved and unpleasant things.
Pakistan particularly has a lot of potential regarding tourism because of its diverse and well-preserved culture; from the ‘Do Darya’ in Karachi and Gwadar Port in Balochistan to the Badshahi Mosque in Lahore and beautiful valleys of the north like Hunza and Sust. Faisal Mosque, Pakistan Monument, Monal, Damn e Koh in Islamabad, Badshahi Masjid in Lahore, Every part of Pakistan has its own culture and language which makes it even more interesting.
The increasing number of tourists in Pakistan has been a major proof of the Safety and adventures of tourism in Pakistan.
A beautiful hill station located northeast of Islamabad (Capital city of Pakistan). Murree has the most breathtaking sceneries, beautiful heavy forests, cold atmosphere and the weather perfect for tourism. Fresh cool breeze in summer and mountains covered in snow in the winters. It is one of the few places in Punjab, Pakistan with regular snowfall during winters. Valleys with fog, forests with heavy green trees and the cool weather, all these things make Murree an ideal place for tourists to visit. That’s the reason; around 20,000 people visit Murree daily in the winter season. There are many tourist attractions in and around the city. Some of the most famous are:
Patriata: Best known for its chair lift, during its ride you can enjoy beautiful high grown trees and far hills Kashmir Point: The Highest spot in Murree perfect for beautiful sightseeing. Changla Gali: Full of scenic beauty filled with pine trees. It contains hotels and resorts for tourists. Nathia Gali: One of the well-known Galliat of Murree, Many beautiful snow-covered peaks of Kashmir like Nanda Parbat can be seen from here. Ayubia: Full of valleys and forest. It is full of biodiversity. It is also declared as National Park.
The most popular mountain resort town of Pakistan is not only known for its beauty but also for its history, traditions and enjoyment points like Mall road, a historical street full of restaurants with a variety of foods, and stalls shops full of traditional dresses, jewelry, antique collections, clothes, and many other things make it the perfect street for a walk. Bhurban: A location perfect to stay. Pearl continental is its main attraction. Sozo Adventure Park: Perfect place for children to enjoy. Rides and attractions make it a must to visit when traveling in Murree. Murree is the safest tourist point as it has special security arrangements to protect the sightseers. The special police forces were deployed to counter all the depraved and unpleasant things. One-touch of nature makes the whole world kin. Learning to appreciate this beauty can improve the quality of our lives, as we are able to look deeper and more meaningfully at people and things in our lives. At Vacation Setup, We have the best Hotels available all over Murree at Pakistan Hotel Booking, further details are mentioned on our website, some of our registered hotels are:
Gandhara Castle Resort and Adventure Club situated
in Khanpur, on an Island in Khanpur dam. Khanpur dam is one of the most
beautiful dams over River Haro which instigates from Abbottabad KPK, Pakistan. Gandhara
Castle Resort is surrounded by breathtaking natural beauty, splendid lush green
mountains, beautiful sceneries, and a settled flow to water which will make you
fall in love with them. A large number of tourists travel to Gandhara Castle
Resort to adore the cool and pleasant weather and see the lovely sceneries around
the hotel.
Gandhara
Castle Resort is located on the Old
Khanpur Road,1 hour and 42 minutes or 50.6 km from Islamabad. The distance from Lahore
to Gandhara Castle Resort is 440 km via Lahore-Islamabad Motorway/M-2, from Taxila its 20.7 km away, Haripur is 24.9 km via National Hwy 125. Those wishing to experience the
area's natural and memorable beauty can explore Gandhara Castle Resort Khanpur, Pakistan with Vacation Setup.
There are many tourist attractions in and
around the hotel. Some of the most famous sports include Camping,
Boating, Cave exploring, Cliff Diving, Jet Skiing and many more. it is a perfect place where you can enjoy boating,
fishing, swimming, adventure, water sports, Skiing, angling, Spelunking, Night
Caving, Rock Climbing, Team Rappelling, Rap Jumping and watching migratory
birds during winter. Enjoy summer
striking one day trip to Khanpur Lake.
Paragliding is a delightful experience. Feeling the wind beneath your
wings at high altitude, and to the top of that, a spellbinding view of the
stunning Khanpur Dam, it is a far-reaching experience indeed. Just not that all
water sports during the summer season are amazing and double the fun.
At Gandhara
Castle Resort just not provide sports for elders or adults. Kids are also
considered as a center of gravity. For kid’s arrow shooting and water sliding,
boating in shallow water and kid’s fun area is also available at Gandhara
Castle Resort.
Near Khanpur dam during excavation initiated by the Government of Pakistan the
Buddhist stupa was found, according to the wordings of Director Archaeology and
Museums Khyber Pakhtunkhwa Dr. Abdul Samad, the sculptures and heads dating
back to 25th century BC. Besides that, he also added that during excavation,
precious coins of the Kushan period were also unearthed around the stupa. Gandhara Castle Resort is just 4 km from this place. The management
provides both car and boat service to see that place. Tourists can reach that
place through water or by road. It’s quite a nice place to visit if you are
staying in Gandhara Castle Resort.
The beautiful hotel is made of a collection of outdoor camps and luxurious rooms,
with enormous windows. Gandhara Castle Resort and Adventure Club provides
air-conditioned rooms with all the basic facilities like a restaurant, a
24-hour front desk and room service, along with WiFi throughout the building. Adding
more to it, the hotel provides an excellent and
tremendous environment.
Furthermore
Gandhara Castle Resort offers two types of rooms with different tastes and
budgets. It includes Twin
Bed Room, have modern furnishings twin
bedding with a sitting area, TV, closet space and attached washroom. Double
Room, have modern furnishings bedding with a
sitting area, TV closet space and attached washroom include a wardrobe.
Gandhara Castle Resort has comfortable bedding and provides all the necessary
amenities to make your stay comfortable and memorable. All rooms feature
large windows that offer plentiful natural light and also you can see the eye-catching mountain and water view from your rooms. Rooms include a flat-screen A TV with standard cable channels. Bathrooms are attached to bedrooms and come
with extra amenities. Extra amenities include slippers and free toiletries.
Beautiful mountain views can be enjoyed from all the rooms.Some rooms feature a seating area where you can relax.
Other amenities include meeting and
banquet facilities to host social and corporate events. Moreover, the hotel
has a 24-hour front desk and room service, private terraces with each room and
room service. The hotel offers an enthralling place and
restaurant for their visitors. Prices are very moderate, the ambiance is modern
& customer service is very friendly. The hotel restaurant offers great quality food, Pakistani spices, and
delicious street food, also fast food.
Gandhara
Castle Resort welcomes all age group members, families, couples and college
school trips and foreign tourists. Finest
resort in the Khanpur dam area, nice and clean with tasty food at a reasonable price. A good quality water sports club with huge children park and well-mannered
and professional staff. All these qualities make this place unique and
exclusive. Plus the point of the hotel is its sight seen are excellent!
Borith Lake Hotel & Resort has a restaurant, shared lounge, a garden and a terrace in Hunza Valley. This 3-star hotel offers room service and a tour desk. There is free private parking and the property has paid airport shuttle service. At the hotel, the rooms have a closet. Rooms come complete with a private bathroom equipped with a bidet and free toiletries, while some accommodations at Borith Lake Hotel & Resort also feature a seating area. Guests at the accommodation can enjoy a continental breakfast. The area is popular for cycling, and bike rental and car rental are available at Borith Lake Hotel & Resort. You can find the best hotels from the best Pakistan Hotel Booking website. Recommended: Hotels in Murree Hotels in Islamabad Hotels in Lahore
Stay in Nisa 4 Hotel for less with Vacation setup. No Booking Fees for travelers when you book your next Vacation setup through the number one rental site in Pakistan. You can also find more hotels in Murree at VacationSetup.pk
Abbottabad lies in the east-central Khyber Pakhtunkhwa, northern Pakistan. Abbottabad is a well- cultured and civilized area of northern Pakistan, with a combination of modern and ancient cultures. Abbottabad is known as the City of Pines, as you can see a huge number of pine trees everywhere in the city. When summer arrives, a large number of tourists travel to Abbottabad to adore the cool and pleasant weather and lovely sceneries of the city.
At such an attractive and eye-catching tourist destination vacation Setup offers a stunning hotel “Hotel One Abbottabad”. The beautiful hotel is made of a collection of gable roof huts, with enormous windows and commodious rooms.
Hotel One is located on the Main Mansehra Road. The distance from Islamabad to Hotel One Abbottabad is 139.9 km via AH1/M-1 and E35 Express/Hazara Express, from Lahore its 472.8 km away, Sialkot is 367.3 km via Grand Trunk Rd/National Hwy 5/AH2, from Faisalabad it is 418.2 km away. Murree is 79.3 km from the Hotel One Abbottabad.
Hotel-One-ATD
There are numerous nearest and the most illustrious tourists’ places around the Hotel ONE. Hotel One Abbottabad is 18 km away from Hanoi Lake and just 15.8 km away from Abbottabad Chairlift. Rajkot Waterfall which is 45.5 km from the hotel, desirable and go-to spot for travelers. Furthermore, popular tourist places in or close to Abbottabad are Ayubia National Park 44.4 km from the hotel, moving forward Bara Gali another famous place for visitors is 35.5 km from the hotel, Shimla Hill just 7.1 km at walking distance, Dor River Valley is 21.2 km) via N-35 and lastly, Nathia Gali is 40.7 km via Nathia Gali Road.
At Abbottabad Chairlift you can take a peaceful car ride up to Thandiani Top to enjoy the greenery and stony weather of Abbottabad. Hotel One is a perfect choice for explorers exploring Abbottabad, or those who stop at Abbottabad for rest on their long way towards the upper northern areas of Pakistan like Skardu or Gilgit Baltistan.
Hotel One Abbottabad has comfortable beddings and provides all the necessary amenities to make your stay comfortable and memorable. Rooms feature large windows that offer plentiful natural light and also you can see the eye-catching natural sceneries of Murree hills. It includes a flat-screen TV with standard cable channels, mini-bar, and an electric kettle. Bathrooms are attached to bedrooms and come with a hairdryer. Beautiful mountain views can be enjoyed from all the rooms.
Furthermore Hotel One offers four types of rooms with different tastes and budgets. It includes
Deluxe King room offers one large king bed, two single sitting sofas, a study desk, a coffee table and chair, one dressing table, a private bathroom, a flat-screen TV, mini-fridge and a luggage rack.
Deluxe Twin room offers two single beds, two single sitting sofas, a cupboard, a coffee table, a study table and chair, a dressing table, air conditioning, private bathroom, a luggage rack, and a flat-screen TV.
The executive room offers one king-size bed, a cupboard, two sitting single sofas & one double sofa with a table, a study table with chair, one dressing table, private bathroom, a flat-screen TV, a luggage Rack, fridge and an air conditioning. You can also check all facilities along with all details including price through Pakistan’s best rental website VacationSetup.
Suite offers one king-size bed, two single sitting sofas & one double sofa also used for sleeping with center table, two single sofas chairs with one coffee table, a study table with chair, one dressing table, air conditioning, private bathroom, two flat-screen TV, a luggage rack, minibar fridge and lastly a cupboard.
Talking more about hotel facilities, the hotel features a restaurant, concierge services, and dry cleaning. Free WiFi in public areas and free self-parking are also provided by the Hotel One. In addition, a 24-hour front desk and a front-desk safe are also available on location. Other facilities include meeting/banquet spaces and car rental services. Free parking facilities are available for guests who drive.
Moreover, Hotel One offers its guests the lowest prices, comfortable rooms, and a peaceful night’s rest, making it the ideal choice for business and leisure travelers.
