Tax incentives for industry in Budget 2012-13 clarified – Alfalah Securities Limited

Karachi, June 07, 2012 (PPI-OT): The government would not ask questions about the source against investments made in the industry from July 2012 to June 30, 2015 provided the investor pays 2% tax against funds declared so, before the close of the current fiscal year.

According to Alfalah Securities Limited, this is done to extend incentives for industrialization, as demanded by the business community in line with the relief provided to the stock market investments.

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