Software Industry demands ease of doing business for IT Companies

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Pakistan Software Houses Association ([email protected]) has welcomed the unconditional public support extended by the Federal Minister of Information Technology & Telecommunications (MoITT), Syed Amin Ul Haque, for the IT industry.

[email protected] strongly supports the solicitation of facilitative measures from relevant public offices to cooperate with the industry to ensure ease of doing business for IT companies.

The Federal Ministry of Information Technology & Telecommunications (MoITT) and Pakistan Software Export Board (PSEB) have previously strongly advocated to implement conducive policies for the industry and build an organized tech ecosystem in Pakistan. MoITT has made genuine and concerted efforts to garner support for strategic demands for the industry.

However, while MoITT and PSEB have been supportive to the industry, other relevant stakeholders have failed to provide a similar level of support. In an unprecedented move, the federal minister for IT has condemned the public office for the lack of cooperation and support.

According to Zohaib Khan, Chairman [email protected], “The industry acknowledges the stance of the federal minister for IT regarding the challenges of the IT industry. It is high time that the relevant stakeholders such as the Finance Ministry, FBR, SBP and SECP play their role to facilitate the IT industry.

In terms of policy interventions, the industry demands a tax holiday for five years (which was announced till 2025); hassle-free forex retention; 5% cash reward for IT exporters and capacity building through imparting market-driven IT skills for the youth in the broader national interest.”

 

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