Govt. taking steps for IT industry growth: MD PSEB

News Image

MG News | January 29, 2021 at 03:47 PM GMT+05:00

0:00

Jan 29, 2021: Managing Director, Pakistan Software Export Board (PSEB) Osman Nasir Friday said that the government was taking all possible steps to ensure long term IT industry growth trajectory and to facilitate IT industry exports which are already tax exempt.

In a statement, he said, that Pakistan’s IT industry has reached important milestone in its journey. “Measures are being undertaken to develop IT industry eco system in secondary and tertiary cities of Pakistan” he added.

In this context, PSEB registration fee for IT and ITeS companies, including call centers and IT startups, that are based in the underserved areas, has been waived off for one year and would include all areas other than Islamabad, Lahore, Faisalabad, Sialkot, Rawalpindi, Peshawar and Karachi.

This is expected to expand Pakistan’s IT Industry eco system and therefore create a vibrant tech culture across Pakistan, he said.

He said Software Technology Parks are being prioritized by the present government to achieve this objective. A Software Technology Park was inaugurated in Gilgit recently which is fully occupied by IT companies.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 150,398.71
270.15M
-1.06%
-1612.55
ALLSHR 90,084.08
469.39M
-0.93%
-849.88
KSE30 45,453.36
99.47M
-1.14%
-522.50
KMI30 218,271.12
195.05M
-0.92%
-2019.44
KMIALLSHR 58,965.48
294.49M
-0.81%
-483.69
BKTi 41,775.34
33.94M
-0.76%
-317.96
OGTi 31,328.42
11.96M
-0.61%
-192.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,165.00 67,625.00
66,480.00
-15.00
-0.02%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 05, 2026 at 12:35 AM GMT+05:00

Rs520 diesel, $170 crack spread & a war shock


April 05, 2026 at 12:01 AM GMT+05:00

Pakistan rejects “Misleading Claims” on UAE deposits


April 04, 2026 at 07:28 PM GMT+05:00

Weekly Market Roundup


April 04, 2026 at 06:31 PM GMT+05:00

SECP clears first islamic risk-sharing credit product


April 04, 2026 at 12:26 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg