This research paper is proposing an entrepreneurial and industrial incentive framework for the long term and speedy economic growth at underdevelopment and underprivileged areas. Researchers of this paper are recommending that stable economy growth is dependent on long-term initiatives which should be increased with time contrast with a tax-free zone and time duration amnesty schemes that are causing fake economy, corruption, criminalization and the collapse of the economy after term completion of tax relaxation and perks. The aim of this research work is to investigate the advantages and disadvantages of current taxation structures around the globe for the development of the entrepreneur specific solution to overcome difficulties which are the reason to discourage startups and new ventures entry in the economy. Researchers are focusing the macro level and long term benefits and criticizing the micro level and short-term impact of existing structures and systems. Real growth depends on stable and mature ventures rather than new businesses which close down before the expiration of incentives provided.
This framework is based on out-the-box, innovative and creative alternative purposed solution rather than survey and sampling based pseudo research & development.
Tahir Ramzan 