PHOTO: FILE
Punjab Industrial Estates Chairman Syed Nabeel Hashmi thanked the prime minister for awarding the SEZ status, saying it would revolutionise industrialisation and usher in a new era of progress and prosperity, particularly in Punjab.
In a meeting held with the prime minister recently, he stressed that a number of incentives were required for the industrial sector in order to enhance exports and create employment in Punjab.
The SEZ Act provides fiscal incentives to the developers as well as industrialists, which include tax exemption for 10 years and one-off duty exemption on machinery import.
Published in The Express Tribune, September 25th, 2019.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
1729161093-0/liam-(4)1729161093-0-165x106.webp "article")
1732603002-0/lamar-(4)1732603002-0-165x106.webp "article")
1732604291-0/BeFunk_§_]__-(52)1732604291-0.jpg "fia seizes 45 000 arrests two for illegal currency exchange")
1732606500-0/BeFunk_§_]__-(53)1732606500-0.jpg "houbara bustard case sc bench dissolved as justice mandokhail recuses himself")
1732607286-0/Untitled-design-(2)1732607286-0-270x192.webp "belarus president receives guard of honour at pm house")
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ