Abuse of tax incentives in tribal areas is causing an uproar
Islamabad: Representatives from various sectors have raised concerns over the misuse of the tax incentive package for the former Federal Tribal Areas (FATA), claiming that the concessions announced in 2019 are hurting the ghee, edible oil and steel industries across the country. At a press conference in Islamabad on Monday, key players in these sectors demanded that the government scrap the exemptions granted to the industry in the erstwhile FATA and the Provincially Administered Tribal Areas (PATA) for five years. Sheikh Abdul Razzak, President of Pakistan Vanaspati Manufacturers Association (PVMA), highlighted that the concessions granted to FATA included full exemptions
