Incentive Data

Reduced rate of Income Tax @ 1%

  1. The Export Processing Zone Authority established under the Export Processing Zone Authority Ordinance, 1980 (VI of 1980), shall at the time of export of goods by an industrial undertaking located in the areas declared by the Federal Government to be a Zone within the meaning of the aforesaid Ordinance, collect tax at the rate specified in Division IV of Part III of the First Schedule.

 

Source: *(Section 154 sub section (3A) of Part I of the Second Schedule to the Income Tax Ordinance 2001)

 

 

  1. The rate of tax to be deducted under sub-sections (1), (3), (3A), (3B) or (3C) of section 154 shall be 1% of the proceeds of the export.]

 

            Source: *(Income Tax Ordinance – 2001, The First Schedule Part – III, Division IV (Exports))