Corporate Income Tax exemption for industrial undertakings manufacturing cellular mobile phones
Name of Incentive
Corporate Income Tax exemption for industrial undertakings manufacturing cellular mobile phones
Type of Incentive
Tax Incentive
Ministry
Agency
Sector
Electronics
Sub Sector
Product/Activity
Incentive Details
Description
Profits and gains derived by a taxpayer from an industrial undertaking duly certified by the Pakistan Telecommunication Authority engaged in the manufacturing of cellular mobile phones are allowed exemption from tax for a period of 5 years, provided it is setup between 1 July 2015 and 30 June 2017.