Labor Conventionsand and Laws Two more fiscal incentives are proposed especially for promoting female employment, as follows: SPECIAL FISCAL INCENTIVES FOR FEMALE EMPLOYMENT INCENTIVE – I INCENTIVE – II During a particular tax year, a 10 percent tax credit on the additional wage bill of female employees The income tax exemption limit be enhanced for female professionals from Rs 600,000 per annum to Rs 1,200,000 per annum and maximum rate of 20% 28.5. Improvement in the Quality of Labor Statistics The prime responsibility for Labor Force Surveys(LFS) is with the Pakistan Bureau of Statistics. There is need for greater cooperation with the Provincial Bureaus. Labor Force Surveys have not been carried out infrequently, despite the rapid changes in the labor market conditions in the country. The last survey was three years ago in 2017-18 and earlier in 2014-15. These Surveys should be undertaken once every two years. The Labor Force Surveys should distinguish carefully between different types of labor inputs, for example, between unpaid family labor and participation in the augmented labor force. Also, the sectoral and occupational classifications must be more disaggregated. An attempt must be made to quantify the‘true’ rate of unemployment as defined in Chapter 27 of the Report. Information should also be given on effective hourly wage rates and on membership of trade unions. Overall, the recommendations in this chapter of the report aim to fulfill the vision of a Social Democracy in the Constitution of Pakistan by giving due recognition to the labor rights of the people of Pakistan. 299
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Charter of the economy : agenda for economic reforms in Pakistan
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