Income from exports of computer software or IT services or IT enabled services up to the period ending on 30th day of June, 2025:
“Provided that eighty per cent of the export proceeds is brought into Pakistan in foreign exchange remitted from outside Pakistan through normal banking channels.”
Explanation: For the purpose of this clause –
- “IT Services” include software development, software maintenance, system integration, web design, web development, web hosting, and network design, and
- “IT enabled services” include inbound or outbound call centres, medical transcription, remote monitoring, graphics design, accounting services, HR services, telemedicine centers, data entry operations, locally produced television programs and insurance claims processing.
* (Section 133 of the Second Schedule of Income Tax Ordinance 2001)