MOS IT and Telecom Mrs Anusha Rehman while chairing 38th board of directors meeting of Pseb here at Islamabad today dated 5th April 2018

MOS IT and Telecom Mrs Anusha Rehman while chairing 38th board of directors meeting of Pseb here at Islamabad today dated 5th April 2018. The Honorable Minister of State for Information Technology, Mrs. Anusha Rehman  chaired the 38th meeting of the Board of Directors of Pakistan Software Export Board (PSEB) here at Islamabad today. The meeting was convened to review various initiatives for accelerating growth of the IT sector between 2018-21.

The Board discussed the proposals at length that would take Pakistan’s IT & ITeS industry in the next phase of growth.

Federal Secretary IT Mr. Aamir Ashraf Khawaja, Member Telecom Mudassar Hussain, Member IT Syed Raza Shah, Chairman Pasha Mr. Barkan Saeed, Acting MD PSEB Syed Ali Abbas Hasani and other Board members were also present in the meeting.

Pakistan’s IT & ITeS Sector has developed phenomenally due to our strenuous constant efforts and generous incentives and facilitation granted to the IT & ITeS sector which include income tax exemption on IT exports till June 2019, 100% foreign ownership, 100% repatriation of capital and dividends, 3-year tax exemption for IT startups, and tax holiday for venture capital funds till June 2024.She said that

Pakistan’s growth rate of IT & ITeS exports have jumped 150% over the last five years, which is a remarkable achievement.

Anusha Rehman said that every possible effort is being made to enhance growth of the IT Industry in Pakistan in line with the top priority that the current government has assigned to the sector from day one . As a result, IT industry is growing in terms of the number of companies, revenue, exports and workforce every year, thereby demonstrating clear confidence in the ability of the local companies to deliver IT solutions and services which meet expectations of foreign clients.

The board was apprised that 15%increase have been witnessed In the number of call centers during last one year

Minister said that, Although we have achieved our major targets but  there is much more  to do to enhance IT Company, s representation from Pakistan at international fora . She directed Pakistan Software Export Board management to have more coordination with all stake holders to enhance Pakistan, s participation in key international events to enhance contribution of IT sector to Pakistan’s economy through foreign exchange earnings and job creation and take all possible  measures to brand Pakistan as an ideal IT destination for IT outsourcing.