The senior exemption
reduces the assessed value of a home by $8,000.
One SRO1125-based sales tax exemption
, extended to five export sectors leather, textile, carpets, surgical and sports goods surged to Rs86.7bn, from Rs61.3bn in 2017-18, an increase of 41.4pc.
As the United States carries out international acquisition efforts, it is imperative that we seek VAT exemption
from foreign countries in order to save or avoid unnecessary costs.
The homestead must be owned by a "natural person." (6) The portion of a homestead protected by this exemption
will vary depending upon the location of the property.
Adeyemi Adenike, in Abuja, the NYSC said checking by its records, the Minister applied for an exemption
In fact, the introduction of tax exemptions
means resignation from a part of tax revenue.
The law, after being passed from the provincial assembly will end the tax exemption
extended to Pata and Fata by the government of Pakistan as their status will get changed with the law.
Other instances included 20-year tax exemption
for the Khalifa coastal refinery, 10-year tax exemption
for all industrial undertakings in the Larkana industrial estate, 10-year tax holiday for all industrial concerns in Gwadar, 10-year exemption
for all industrial units in special economic zones, lifetime exemption
for power companies, lifetime exemption
for a coal mining project in Sindh supplying coal to a power project and five-year exemption
for LNG terminal operators and owners.
While many states agree on this premise, they differ in their execution of the exemption
According to media reports the plea has been filed seeking exemption
for fifteen days.
They include exemption
of customs duties on the import of plant machinery and equipment, if not manufactured locally, by the China State Construction Engineering Corporation Limited and the China Communication Construction Company for the construction of Sukkur-Multan section of Karachi-Peshawar Motorway and Karakoram Highway Phase-II (Thakot-Havelian section), respectively.