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14:54

P@SHA Wins Major Government Incentives for the IT Industry

From the Blog propakistani Today, the Pakistan Software Houses Association (P@SHA) won a major incentives package for the IT industry, announced personally by Prime Minister Khaqan Abbasi. The policy announcement covered a wide range of support mechanisms and government incentives to boost the IT sector, both for the export and domestic markets. The PM's package covers the following key areas: - Extension of the tax holiday on IT exports from 2019 to 2025 - 5% Cash Reward on IT exports, similar to rewards for other industries such as textile. - Sales tax of 5% on ITeS within the Federal areas. - Special Economic Zones (SEZ's) for the tech sector to be defined by the BOI and MoITT - Commercial loans for tech companies at preferential rates. These key demands of the industry had lopakistanblogs.blogspot.comRead Full PostComments

http://pakistanblogs.blogspot.com/2018/05/blogged-pages-1352018954.html 3597343488631391366 Pakistani Blog Posts

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