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Investor Presentaiton

WORKERS PROFITS PARTICIPATION FUND Page 31 Payment of leftover from annual allocation of WPPF the excess over the profits allocable to workers under the Scheme is required to be transferred to the Fund established under the Sindh Workers Welfare Fund Act, 2014 Tax benefit in the hands of the company: The Sindh WPPF Act like the Federal WPPF Act duly provides that allocation made by a company to the Fund shall be admissible for tax purposes. However, the Ordinance needs to incorporate related references to provincial levies enacted through different labor laws in consequence of the Eighteenth Amendment made in the Constitution WWF and WPPF EY Building a better working world
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