The government has proposed continuing tax relief for freelancers and IT exporters in the new budget, a move expected to further strengthen Pakistan’s digital economy.
In his budget speech in the National Assembly, Finance Minister Muhammad Aurangzeb said the digital economy has emerged as the country’s fastest-growing export sector.
He described IT and IT-enabled services, freelancers, software houses, and digital exporters as a valuable national asset.
He said the 0.25% Final Tax Regime (FTR) concession on IT export earnings was set to expire on 30 June 2026. However, in the budget, the government has proposed extending the scheme for another three years, until 30 June 2029.
