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The IT & ITES industry of Pakistan is now being recognized by our government as the leading sector capable of pushing the job creation and export growth of the country. The economic dependency is shifting from an agrarian and industrial economy to a knowledge based economy. Persistent and effective policy advocacy by the Chairman and Members of the Central.
Executive Committee of P@SHA has convinced the authorities to not only extend the income tax exemption on exports till 2025 but also reduce GST in the ICT region. This year, P@SHA has played a pivotal role in the budget allocation of approximately Rs 7 billion, including an export marketing fund, Special Technology Zones (STZs), E-Government and several other critical initiatives. This is an unprecedented move to encourage the growth of technology businesses in Pakistan and one that comes with added responsibility for us to outperform ourselves. It is imperative for us to highlight the star performers of our industry, promote the best products and encourage innovation.

Copyright Business Recorder, 2019

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