MOIT presented a detailed Industry Impact Analysis as the result of recent announcements by FBR to abolish the Tax Exemption regime and replacing it with the recently announced Tax Credit Regime.
IT-related export remittances have risen up to $1.119 billion during the July to January period of financial year 2020-21, according to the Pakistan Software Export Board (PSEB).
He said the number of PSEB registered IT & ITeS companies as of November, 30 2020 was 2,746 compared to 2,121 valid registrations as of November, 2019.
The ITeS export remittances comprising computer services and call centre services have surged to $194 million at a growth rate of over 43 percent in December 2020 compared to $135 million during the same month of 2019.