Investor Presentaiton
WORKERS WELFARE FUND
Page 11
The outcome is summarized as under-
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The WWF Ordinance, 1971 to apply only to an industrial
establishment having total income in a tax year of not less than
Rs.500,000 and which is engaged in manufacturing or production
of goods through various means of energy; to any concern
working in a mine or quarry or natural gas or oilfield; to concerns
engaged in the growing of tea, coffee, rubber or cinchona; to any
concern engaged in the carriage of men and goods by inland
mechanically propelled vessels; and to such concern which the
Federal Government, declares to be an industrial establishment
for the purpose of the levy of WWF. As such, a concern which is
not covered in the above criteria including a service sector entity
is not subject to the levy of WWF under the WWF Ordinance;
WWF and WPPF
EY
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