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

Usman Qadir and Iftikhar Ahmad
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Usman Qadir: Pakistan Institute of Development Economics

No 2022:70, PIDE Knowledge Brief from 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.�

Pages: 6 pages
Date: 2022
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