Foreign SEZ investors to enjoy full ownership benefit in Pakistan

[BATMAN]

Official money laundering.

Where are our benefits?

Join PTI... benefits will come

 

[Itachi]

Exactly my point.

Where are our benefits?

Exactly my thought...what're we reaping??

Why full ownership? Is Pakistani land up on sale for foreigners or something??

If you're gonna sell them land then at least charge double or triple the price.

I have also heard someone say "no tax"...like wtf??

There should also be a "hire locals/Pakistanis" only policy (like someone else in the thread said)...as we know the Chinese like to bring in labor from the mainland and also material too.

I'm deeply saddened by this outcome.

Considering The Trade War We Are Expecting Quite A Lot Here

Right, we're expecting a lot but nothing has been delivered yet?

On top, news like these come out every month or so...

The public needs to know what the original points of the deal was between China and Pakistan.

 

[BATMAN]

Is Pakistani land up on sale for foreigners or something??

Foreigners will not pay taxes and their profit in rupees will be converted to $, using Arab aid and remittances, if that's not enough rupee will be devalued.

 

[Dark-Destroyer]

That's not beneficial. What are we going to gain?

They will have to pay their taxes to operate

Foreigners will not pay taxes and their profit in rupees will be converted to $, using Arab aid and remittances, if that's not enough rupee will be devalued.

Who said they wont pay taxes

 

[BATMAN]

They will have to pay their taxes to operate
Who said they wont pay taxes

I read a news posting on pdf. Use google may be you find it.

 

[The Accountant]

That's not beneficial. What are we going to gain?

Jobs and value addition.

For example an investor purchased raw material in 100 and sale it in 200 and make a profit of 20 to send it back. the addition of 80 rupees will be in pakistan received by employees and local vendors ... the idea is to push hard for generating employment and make Pakistan destination of multinational manufacturing chain with low cost of production ... however i feel the benefit is only in high end industties as they have much higher value addition chain. There is no use of generating employment in industries like garments where wage pay is very low and people will remain poor ... but still at start its better than nothing

Foreigners will not pay taxes and their profit in rupees will be converted to $, using Arab aid and remittances, if that's not enough rupee will be devalued.

Things dont work loke that exactly ... profit is 10% at max ... actual product will either be exported or will be an import sibstitute ... so new industry will save 90% of foreign currency out of 100% which was going out in form of imports or loss exports

 

[khansaheeb]

Out of curiosity, is this facility available for Indians also?

Capitalists don't care about race, color , creed, nationality, orientation, sex etc only money.

 

[The Accountant]

Numbers and stats...................bul****t

R u blind or dumb ?

Read my post again ... numbers are in example. However only a dumb will ask about the numbers and stats of a future activity.

 

[Itachi]

All the hype is great and all but there are conflicted news...some say the investors don't pay any taxes and some say they do??

Now we have this news coming out...

I would like to see the data and facts if anyone has them (with sources!).

 

[The Accountant]

All the hype is great and all but there are conflicted news...some say the investors don't pay any taxes and some say they do??

Now we have this news coming out...

I would like to see the data and facts if anyone has them (with sources!).

Its as per conditions approved for each specific zone.

Some special economic zones are not tax free but to facilotate only just like export processing zone .. some are tax free for a certain a period just like we are talking ... some do not have any tax rebates but are made as per needs of industries such as heavy electrical, water and gas connection .. excess to highways 24/7 etc.

 

[Itachi]

Its as per conditions approved for each specific zone.

Some special economic zones are not tax free but to facilotate only just like export processing zone .. some are tax free for a certain a period just like we are talking ... some do not have any tax rebates but are made as per needs of industries such as heavy electrical, water and gas connection .. excess to highways 24/7 etc.

If you have sources, I would appreciate that.