They said what business community badly needed is peaceful atmosphere, and business friendly environment coupled with judicious and prudent monetary policies for strengthening the national economy on sound footings.
The government has withdrawn a wide range of income tax exemptions to the emerging sectors and industries including IT sector; exemption on profit and gains derived by LNG terminal operators and terminal owners and exemption available to the Pakistan Mortgage Refinance Company under the Tax Laws (Second Amendment) Ordinance, 2021.