The package — to be effective from the start of the next fiscal year — includes tax exemptions and other incentives under a special loyalty programme. Under a ‘National Remittance Loyalty Programme’ to be launched from September 1, various incentives will be given to remitters through mobile apps and cards. The committee is further deliberating over exempting the immigration fees, insurance premiums and registration fees for the overseas Pakistanis. The PIA will draft the incentive package and share it with the sub-committee, which will later be added to the loyalty programme. Moreover, separate counters will be set up for overseas Pakistanis and red carpet will be rolled out for them.

Source: The Express Tribune May 03, 2020 18:33 UTC