<ul><li>The Ministry of Information Technology and Telecom has proposed tax relief and support measures to boost Pakistan's IT exports and freelance sector.</li><li>Proposals include categorizing the ICT sector as SMEs to access tax benefits, tax exemptions on IT hardware and software import, and the 'Made in Pakistan' initiative.</li><li>The Ministry suggests enhancing the role of the State Bank of Pakistan in supporting startups and SMEs, simplifying tax procedures, and creating a venture capital fund for financial support.</li><li>They also recommend tax incentives for freelancers and the removal of bureaucratic formalities.</li></ul>

IT Ministry Proposes Tax Relief and Support Measures to Boost IT Exports and Freelance Sector

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