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PM’s Package for Construction Industry

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PM’s Package for Construction Industry

The New Deal for Economy?

On April 03, Prime Minister Imran Khan announced a relief package for the construction industry with the twofold aim of providing employment to daily wage earners, and spurring economic activity. The package also includes additional incentives for builders and developers to build low-cost housing for the poor under the Naya Pakistan Housing Programme. The proposed package contains Direct and Indirect tax and other economic incentives for the construction and development sector. The package is a good sign for the growth of overall economy as construction and development sector supports hundreds of related industries in country.

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