Federal Minister for Finance and Revenue Mr. Miftah Ismail presided over a meeting on the tax related issues of IT and Telecom sector at Finance Division today.
Federal Minister for IT and Telecommunication Syed Amin-ul-Haq, Secretary IT & Telecom, Chairman PTA, Chairman FBR and other senior officers attended the meeting.
Federal Minister for IT and Telecommunication Syed Amin-ul-Haq apprised the Finance Minister on the contribution of IT and Telecom sectors in the economic progress of the country and informed that currently IT and Telecommunication sector is facing various issues related to taxation and requested for exemption/ reduction in various taxes for ease of doing business for IT sector and survival of telecom sector in Pakistan. It was also shared that growth of IT and Telecommunication not only contributes in increasing the exports but also in overall growth of GDP.
The Finance Minister acknowledged the role of IT and Telecommunication in overall economic development of the country and stressed that the present government is providing maximum incentives for expansion of IT and Telecom sector and enhancement of IT and Telecom related exports. Moreover, the Finance Minister extended all possible support to resolve issues related to various taxes on IT and Telecom sectors for ease of doing business and facilitation of both the sectors in exports.
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