Paid internships, Scholarships, reduction in petrol electricity prices, Tax exemption for IT sector and more |PM Address to nation|

Feb 28: Prime Minister Imran has addressed the nation in which he has announced major relief package for Pakistan nation. 

Relief Package detail: 

• An internship programme for unemployed graduates
• Reduce petrol and electricity prices
• Increase cash assistance for Ahsaas beneficiaries 
• Educational scholarships
• 100% tax exemption for IT sector
• Tax-holiday for overseas
• Interest-free loans to the youth

He has announced an internship programme for the unemployed youth, under which those with a graduate degree, would be offered Rs 30,000 per month through a transparent and merit-based system.

Moreover ,  Rs 10 per litre reduction in petroleum prices, Rs 5 per unit cut in electricity tariff and some other measures also was the part of PM relief Package.

The prime minister also announced to enhance the cash assistance, provided to eight million families under the government’s Ehsaas Programme, from the current Rs 12,000 to 14,000 to help the poor people.

Imran Khan announced 2.6 million educational scholarships, saying Rs 38 billion would be allocated for the purpose.

He also announced various incentives for the promotion of the information technology (IT) sector, including 100% tax exemption for companies and freelancers, 100 % waiver on repatriation of capital and foreign exchange, and elimination of capital gains tax for startups.

The prime minister said the investment from the overseas Pakistanis, including through joint ventures, would enjoy tax-holiday for five years.

He further said that the government would spend Rs 460 billion for the provision of interest-free loans to the youth under the Kamyab Jawan Programme to start businesses,  low-income groups to construct their own houses, and farmers.