Government announced tax relief package of Rs 18 billion for the sectors affected by COVID-19 – GNP

Tax relief package


In a tweet, chief minister of Punjab Usman Buzdar said, "under economic stimulus package we have decided to waive provincial taxes worth 18 billion Rs so that our business community and entrepreneurs should be able to stabilize their business operation when corona-virus restrictions will be lifted.

On Monday, SCCI chief said that the provincial government had announced Rs 5 billion tax relief package which was highly appreciable and commendable step following the outbreak of corona-virus pandemic in the province. However, he demanded small manufacturing units and traders community should be given interest free loans, tax relief and other incentives upto Rs10 million under the KP government announced tax-relief package. The chamber president said that traders community were badly affected from closure of business hub, markets and shops following partial lock down and imposition of 144 by the district administration.