{"id":84801,"date":"2022-03-22T11:25:03","date_gmt":"2022-03-22T06:25:03","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=84801"},"modified":"2022-03-22T11:25:08","modified_gmt":"2022-03-22T06:25:08","slug":"gda-special-economic-tax-free","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/gda-special-economic-tax-free.html","title":{"rendered":"GDA for making Gwadar Special Economic District tax-free"},"content":{"rendered":"\n<p>Gwadar: The Gwadar Development Authority (GDA) has prepared and submitted a draft to declare Gwadar Special Economic District (SED) a tax-free region, news sources reported on March 21. The tax-free status will be extended to the business for a period of 30 to 35 years.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gwadar-smart-port-city-master-plan-set-direction-development-work-chinese-scholar-xizhong.html\" data-type=\"post\" data-id=\"63239\">Gwadar Smart Port City Master Plan has set the direction for development work: Chinese Scholar Xizhong<\/a><\/p>\n\n\n\n<p>Reportedly, the proposal for the tax relaxation has been forwarded to the higher-ups and will be decided upon soon. It was told that the GDA is also considering creating a central business zone that would provide firms with high-tech business platforms. <a href=\"https:\/\/www.zameen.com\/news\/govt-approves-gwadar-smart-city-master-plan.html\" data-type=\"post\" data-id=\"72576\">The GDA master plan 2050<\/a>, published in 2019, is supposed to benefit 1.2 million people and generate jobs for skilled labourers and professionals, with an economic output reaching USD 30 billion. The administration has opted not to uproot and relocate the port city&#8217;s ancient neighbourhoods as part of the master plan.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gwadar-master-plan-tailored-make-3rd-largest-contributor-pakistan-economy.html\" data-type=\"post\" data-id=\"61810\">Gwadar Master Plan tailored to make port \u2018largest contributor\u2019 to Pakistan\u2019s economy<\/a>\u00a0<\/p>\n\n\n\n<p>Similarly, the historic bazaars and tourist spots will be restored in order to boost tourism and sustainable development. Moreover, the GDA has pledged modifications to the GDA master plan Project Concept-1 (PC-1) that will allow micro-land rules for small-medium enterprises (SME) and boost small firms.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gwadar: The Gwadar Development Authority (GDA) has prepared and submitted a draft to declare Gwadar Special Economic District (SED) a tax-free region, news sources reported on March 21. The tax-free status will be extended to the business for a period of 30 to 35 years.\u00a0\u00a0\u00a0 Read: Gwadar Smart Port City Master Plan has set the direction for development work: Chinese Scholar Xizhong Reportedly, the proposal for the tax relaxation has been forwarded to the higher-ups and will be decided upon soon. It was told that the GDA is also considering creating a central business zone that would provide firms with high-tech business platforms. The GDA master plan 2050, published in 2019, is supposed to benefit 1.2 million people and generate jobs for skilled labourers and professionals, with an economic output reaching USD 30 billion. The administration has opted not to uproot and relocate the port city&#8217;s ancient neighbourhoods as part of the master plan. Read: Gwadar Master Plan tailored to make port \u2018largest contributor\u2019 to Pakistan\u2019s economy\u00a0 Similarly, the historic bazaars and tourist spots will be restored in order to boost tourism and sustainable development. Moreover, the GDA has pledged modifications to the GDA master plan Project Concept-1 (PC-1) that&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51660,51658,51659],"persona":[],"class_list":{"0":"post-84801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-gawadar-master-paln-2050","9":"tag-gda-for-making-gwadar-special-economic-district-tax-free","10":"tag-gda-master-plan","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GDA for making Gwadar Special Economic District tax-free - Zameen News<\/title>\n<meta name=\"description\" content=\"Gwadar: The Gwadar Development Authority (GDA) has prepared and submitted a draft to declare Gwadar Special Economic District (SED) a tax-free region,\" \/>\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\/gda-special-economic-tax-free.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDA for making Gwadar Special Economic District tax-free - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Gwadar: The Gwadar Development Authority (GDA) has prepared and submitted a draft to declare Gwadar Special Economic District (SED) a tax-free region,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/gda-special-economic-tax-free.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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