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Pakistan�s Income Tax (Amendment) Ordinance, 2022 aka �Industrial Policy Package�

Author

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  • Usman Qadir

    (Pakistan Institute of Development Economics)

  • Iftikhar Ahmad

    (Pakistan Institute of Development Economics)

Abstract

�The ordinance for the revival of sick industrial units is widely promoted as an amnesty scheme awarded through an SRO. Empirical backing for the given time frames and criteria is lacking in the ordinance. Setting aside these three aspects, the ordinance is a step in the right direction as it will boost productivity and employment. Ideally, it will benefit existing firms with increased flow of resources and facilitate new entrants with fresh ideas.�

Suggested Citation

  • Usman Qadir & Iftikhar Ahmad, 2022. "Pakistan�s Income Tax (Amendment) Ordinance, 2022 aka �Industrial Policy Package�," PIDE Knowledge Brief 2022:70, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:kbrief:2022:70
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