Overseas Pakistanis have a good news from the federal government
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ISLAMABAD - SECP has proposed tax reductions for overseas Pakistanis to create a more investor-friendly environment for businesses and individuals.
Among the proposed measures is a three-year tax exemption for individuals investing in Pakistan, according to sources.
The commission has suggested reduced tax rates of up to 15% for three years on investment holdings and exemption from taxes on investment holdings for longer than three years.
The SECP has also proposed relief in taxation on capital gains and exemption on bonus shares, the sources added.
