Minister appreciates PM’s incentives in housing sector

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PESHAWAR: Khyber Pakhtunkhwa Minister for Housing Amjad Ali Friday appreciated the incentives announced by the Prime Minister Imran Khan in the housing sector and said it would give a boom to the construction industry besides providing job opportunities to hundreds of people. In a statement issued here, he said under the subsidy plan of the Prime Minister the government would not collect tax more than five and seven percent on 5 Marla and 10 Marla houses respectively for next five years, adding the PM also gave 90 percent reduction in taxes in housing projects for low income group of society. He noted under the Prime Minister’s relief package the people attached with the construction industry would get exemption to disclose their assets till June 2021. APP