Pakistan Technology

PM announces establishment of Pakistan Technology Startup Fund

Prime Minister Imran Khan announced the establishment of Pakistan Technology Startup Fund.

The government statement said that the Pakistan Technology Startup Fund would consist of Rs 1 billion, which would fund 50 startups annually.

In this regard, Prime Minister Imran Khan said that tax holidays are being announced for registered IT companies and freelancers.

He said that registered IT companies and freelancers would get 100% of their external revenue.

The Prime Minister directed changes in foreign exchange and income tax policies for IT start-ups.