53. Exemptions and tax concessions in the Second Schedule.—(1) The income or classes of income, or persons or classes of persons specified in the Second Schedule shall be —
(a) exempt from tax under this Ordinance, subject to any conditions and to the extent specified therein;
(103D) Dividend income and long term capital gains of any venture capital fund from investments in zone enterprises as defined in clause (p) of section 2 of the Special Technology Zones Authority Ordinance, 2020 for a period of ten years commencing from issuance of licence by the Authority to the zone enterprise.
103D, Part I, Second Schedule, under section 53 of the Income Tax Ordinance 2021