IT Services | Pakistan Press Foundation (PPF)

Pakistan Press Foundation

IT companies relocating as Pakistan gets tax-hungry

Pakistan Press Foundation

LAHORE: Nearly 40% of Pakistan’s companies that provided IT services have moved their business to the United Arab Emirates, largely due to the 8% additional tax on revenues levied by the government in 2015-16, said Sajjad Syed, chief executive officer of Excellence Delivered (ExD) Private Limited . ExD outsources non-core operations and is currently working […]