Punjab to offer incentives to agri sector
Minister says projects will be launched to improve seed quality
Delivery of services at the district level is also being improved, Bakht said. PHOTO: FILE
LAHORE:
The government of Punjab has decided to double the development budget allocation for agriculture and introduce projects to improve the quality of seeds and agricultural services to boost production, said Punjab Finance Minister Hashim Jawan Bakht.
“Furthermore, the tax on agricultural services for the corporate sector will be reduced from 16% to 1% in a bid to turn the agriculture sector attractive for investment by the corporate sector,” he said while speaking at a pre-budget seminar on Thursday.