{"id":59001,"date":"2019-12-24T11:34:48","date_gmt":"2019-12-24T06:34:48","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59001"},"modified":"2019-12-24T11:34:48","modified_gmt":"2019-12-24T06:34:48","slug":"govt-considers-offering-tax-breaks-in-new-export-policy","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-considers-offering-tax-breaks-in-new-export-policy.html","title":{"rendered":"Govt considers offering tax breaks in new export policy"},"content":{"rendered":"<p>Islamabad: The government is planning to offer tax breaks to certain sectors in its new export policy, which is currently being drafted, according to a news report. Abdul Razak Dawood, the Prime Minister\u2019s Advisor for Commerce, Textile, Industry and Production, and Investment, revealed this information while talking to an international financial news publication.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/policy-formation-underway-to-increase-exports-dawood.html\" target=\"_blank\" rel=\"noopener noreferrer\">Policy formation underway to increase exports: Dawood<\/a><\/p>\n<p><a href=\"https:\/\/www.zameen.com\/news\/govt-to-boost-businesses-through-documentation-economy-dawood.html\" target=\"_blank\" rel=\"noopener noreferrer\">Dawood<\/a> also stated that the new export policy with these changes would be announced in the next month. He added that this initiative was part of the country\u2019s bid to look beyond the textile industry or its export sector, and encourage other industries to increase their exports. Currently, the textile sector forms 60% of Pakistan\u2019s basket of exports, and the government is looking to diversify this basket.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pakistan-seeks-itfcs-help-to-boost-exports.html\" target=\"_blank\" rel=\"noopener noreferrer\">Pakistan seeks ITFC\u2019s help to boost exports<\/a><\/p>\n<p>In an interview with the publication, Dawood hinted that these tax breaks would be offered for a time period of around three to four years; saying that these concessions would not be offered to the textile industry to decrease its dependency on these subsidies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government is planning to offer tax breaks to certain sectors in its new export policy, which is currently being drafted, according to a news report. Abdul Razak Dawood, the Prime Minister\u2019s Advisor for Commerce, Textile, Industry and Production, and Investment, revealed this information while talking to an international financial news publication. Read:\u00a0Policy formation underway to increase exports: Dawood Dawood also stated that the new export policy with these changes would be announced in the next month. He added that this initiative was part of the country\u2019s bid to look beyond the textile industry or its export sector, and encourage other industries to increase their exports. Currently, the textile sector forms 60% of Pakistan\u2019s basket of exports, and the government is looking to diversify this basket. Read:\u00a0Pakistan seeks ITFC\u2019s help to boost exports In an interview with the publication, Dawood hinted that these tax breaks would be offered for a time period of around three to four years; saying that these concessions would not be offered to the textile industry to decrease its dependency on these subsidies.<\/p>\n","protected":false},"author":58,"featured_media":49076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14605,14606,7327],"persona":[],"class_list":{"0":"post-59001","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-dawood","8":"tag-export-policy","9":"tag-exports"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt considers offering tax breaks in new export policy - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government is planning to offer tax breaks to certain sectors in its new export policy, which is currently being drafted, according to a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-considers-offering-tax-breaks-in-new-export-policy.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt considers offering tax breaks in new export policy - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government is planning to offer tax breaks to certain sectors in its new export policy, which is currently being drafted, according to a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-considers-offering-tax-breaks-in-new-export-policy.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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