‘PM retains tax exemptions for SEZs’
National
March 13, 2021
ISLAMABAD: Special Assistant to Prime Minister on Revenues Dr. Waqar Masood said on Friday that the government has retained the Special Economic Zones (SEZs) from the proposed withdrawal of income tax exemptions in order to protect investments, especially in the context of China Pakistan Economic Corridor (CPEC).
“Prime Minister Imran Khan himself kept the exemptions for SEZs, especially for CPEC intact, as the top guns who are promoting investment argued that if the government breached its commitment to providing tax exemptions on SEZs, it would hurt the investors’ confidence,” the SAPM, Dr. Waqar Masood, said in an interview with The News here at his office on Friday.