President promulgates Income Tax (Amendment) Ordinance for industrial development

President Dr Arif Alvi has promulgated the Income Tax (Amendment) Ordinance 2022 for industrial development in the country.

According to press release issued by the President’s media wing, the law aims at attracting investment, promoting industrial sector and reviving the country’s sick industrial units.

It also offers an incentives package for the revival of sick industries.

Source: Radio Pakistan