Withholding Tax reduced to Zero for Information Technology and Information Technology enabled Services (IT & ITeS) Exports in Special Technology Zones (STZs) |
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Reform ID | F080 | |
Reform Description |
Before: There were no special tax exemptions for Information Technology and Information Technology enabled Services (IT & ITeS) sector to enhance its exports.
After: Now, custom duties have been exempted to facilitate the exports of services in the IT & ITeS sector. |
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Sector | IT & ITeS | |
Beneficiaries | All IT & ITeS businesses | |
Jurisdiction/Location | Federal (Entire Pakistan) | |
Department | FBR | |
Date of Implementation | 03-12-2020 | |
Timeline | Last 01 Year | |
Details |
Difficulty |
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Analysis |
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Solution |
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Evidence | http://www.na.gov.pk/uploads/documents/1617783286_315.pdf
https://urdu.fbr.gov.pk/Budget2021-22/FinanceBill/Finance-Bill-Final-2021.pdf http://www.pcp.gov.pk/SiteImage/Downloads/6460(20)Ex%20Gaz-I.pdf |
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