NWFP Chief Minister Ameer Haider Hoti has exempted industrial units, established outside the industrial estates, from property tax to help boost industrial development in the province. Industrialists of Pabbi and Azakhel, District Nowshera, had submitted a joint application to exempt their units from taxes on the plea that the area is backward and needs to be developed by grant of exemption of taxes.
The decision would benefit 805 industrial units of the province. The decision would encourage industrialists and investors to establish industrial units even outside the industrial estates in the province thus providing jobs to the jobless. The industrialists of Pabbi and Azakhel have welcomed the decision and thanked the chief minister.