Government Measures to Mitigate Covid-19 Risk

TAX INCENTIVE HAS SUPPORTED THE BUSSINESS RESILIENCE Tax incentives has been utilized and has supported 464,316 tax payers The tax payers most affected by pandemic has dominated the incentives utilization Incentive to improve people purchasing power Govt' borne income tax 131,889 Employers 童 Construction Trade Manufacturing 47% 19% *apart from MSME incentives (58% of trade sector) 7% Incentives to support business liquidity and continuity Income Tax Exemption on Import 14,941 : Reduction on Tax Installment 66,682 Accelerated Tax Refund 2,529 The Majority of eligible sectors have utilized the incentives I Incentive to support the MSMEs Final Income Tax 248,275 MSMES for MSMEs I I Government- Borne Income 90% Reduction of Tax Installment 86% Tax I Income Tax I ■ Accelerated Tax Exemption on 72% 43% Refund Import 70 70

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