business

December 15, 2020

Ten-year tax incentives granted to special technology zones

KARACHI: The government has granted a comprehensive duty and tax incentives for a period of 10 years to investors operating in the proposed special technology zones , sources in the Federal Board of Revenue said on Monday.The incentives also include immunity from explaining the source of funds to be invested. Besides, exemptions are also available from declaring income and assets for 10 years. The sources said the incentives have been granted through a presidential order to promulgate Special...