Tax incentives demanded
Photo: file
Pakistan’s women entrepreneurs have unanimously called for a separate entrepreneurship policy for women in the country. The demand came up at an online consultative session arranged by SMEDA, and was attended by female entrepreneurs from across the country.
The entrepreneurs complained that women have no special tax incentives and that they bear a burden of over 45% in taxes.
To help increase women’s participation in the economy they suggested female-led start-ups be provided with a tax holiday up to five years, coupled with a tax credit mechanism to ensure sustainability. Unanimously agreeing that the goal of women empowerment cannot be achieved without incentives and facilities, they demanded an exclusive entrepreneurship strategy and urged SMEDA to support their vision.
Published in The Express Tribune, March 22nd, 2023.
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