information technology and services

He said that remittances of IT services have reached 1.11 billion.

IT exports increased by 20.75% in FY 2019-20 as compared to FY 19-2018.

In the financial year 2018-19, remittances from IT exports stood at 17 917.875 million.

Also read

Under the Ministry of IT, remittances have been received through call centers and computer services. The Federal Minister said that all possible steps are being taken for the promotion of information technology. The significant increase in export remittances is a result of facilitating other sectors.

He said that till June 2025, there is zero income tax facility for IT and related services and 100% ownership rights and benefits for foreign investors.

In the first seven months of the last financial year, Pakistan’s imports of telecommunications, computers and information services rose 18.5 percent to 51 517 million.

The bulk of remittances came from software consultancy services, whose exports rose 12 percent to 159 million.

Exports of computer software, along with software consultancy, rose 8.17% to 129 million in the first seven months. That was 119 million during the same period last fiscal year.

In Pakistan, 5,000 IT companies are providing various services to more than 100 countries of the world. Every year, more than 10,000 new application developers and freelancers are entering the workforce in the field of Pakistan Information Communication Technology.

Pakistan’s IT sector has the potential to import 10 billion and could create millions of jobs over the next five years.

One thought on “information technology and services

  1. Hey, this is Eric and I ran across a few minutes ago.

    Looks great… but now what?

    By that I mean, when someone like me finds your website – either through Search or just bouncing around – what happens next? Do you get a lot of leads from your site, or at least enough to make you happy?

    Honestly, most business websites fall a bit short when it comes to generating paying customers. Studies show that 70% of a site’s visitors disappear and are gone forever after just a moment.

    Here’s an idea…

    How about making it really EASY for every visitor who shows up to get a personal phone call you as soon as they hit your site…

    You can –

    Talk With Web Visitor is a software widget that’s works on your site, ready to capture any visitor’s Name, Email address and Phone Number. It signals you the moment they let you know they’re interested – so that you can talk to that lead while they’re literally looking over your site.

    CLICK HERE to try out a Live Demo with Talk With Web Visitor now to see exactly how it works.

    You’ll be amazed – the difference between contacting someone within 5 minutes versus a half-hour or more later could increase your results 100-fold.

    It gets even better… once you’ve captured their phone number, with our new SMS Text With Lead feature, you can automatically start a text (SMS) conversation.

    That way, even if you don’t close a deal right away, you can follow up with text messages for new offers, content links, even just “how you doing?” notes to build a relationship.

    Pretty sweet – AND effective.

    CLICK HERE to discover what Talk With Web Visitor can do for your business.

    You could be converting up to 100X more leads today!

    PS: Talk With Web Visitor offers a FREE 14 days trial – and it even includes International Long Distance Calling.
    You have customers waiting to talk with you right now… don’t keep them waiting.
    CLICK HERE to try Talk With Web Visitor now.

    If you’d like to unsubscribe click here

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: