The Pakistan Software Houses Association (P@SHA) held a grand industry event to celebrate the largest incentives package for the IT industry, announced by the federal government last week.
Prime Minister’s Shahid Khaqan Abbasi’s announcement was the result of the work by Minister Anusha Rehman and her team at MoITT, in strong partnership with P@SHA, the primary trade association for the IT and ITeS industry.
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The incentives package will cover some of the key industry demands put forth by P@SHA and includes the following major items:
Several hundred industry leaders and professionals attended the event as a token of thanks to the guest of honor, Minster Anusha Rehman. She complimented P@SHA’s role in pushing the government towards these key areas and stated
“I hope all of you will benefit from this historic incentive package and will commit to growing into one of Pakistan’s largest sectors.”
P@SHA’s Chairman, Barkan Saeed, revealed how this milestone was achieved and stated,
“This package proves the importance of engaging the government as a partner and demanding the most beneficial policies for our important industry. This will help us grow by several billion dollars in the coming years.”
The export holiday has been included in the Finance Bill while the remaining incentives will be formalized through SRO’s in the coming weeks.
Shehryar Hydri, P@SHA’s Secretary General, emphasized
“Our current team has built upon the work done over several years and there is still a lot more to do on top of this strong framework, so that our IT industry can take its rightful place.”
