Conditional exemption from income tax on all types of income earned from export of goods

SRO No. 44-AIN/Income Tax-25/2024
The National Board of Revenue grants tax exemptions and reductions on all types of income earned from export of goods under the Income-tax Act, 2023 (Act No. 12 of 2023). Key provisions include 50% tax exemption for individuals, firms, and Hindu undivided families, and a 12% tax rate for others. Effective immediately until 30 June 2028.