Experts for withdrawal of subsidies, tax exemptions to industries

Pakistan needs to withdraw unnecessary subsidies and tax exemptions given to the export-based industries, mostly on energy prices, experts said. “Subsidies have adverse effect on industries and damage their competitiveness,” said Dr Ishrat Hussain, former governor of State Bank of Pakistan (SBP), while talking to WealthPK. He said that subsidies and tax exemptions are short-term … Continue reading Experts for withdrawal of subsidies, tax exemptions to industries