Govt to impose 30% on IT Exports & Services

[AZ1]

https://twitter.com/x/status/1534045263362400262

If its happen I dont know we would be short of billions next years we are already short from $3.5 billion to $2.5 billion and this tax will reduce our IT industry.

 

[Enigma SIG]

Experienced team LMAO

Experienced in fucking the country.

 

[SEOminati]

These are speculations until official but generating revenue from IT exports, petrol, GST, automotives is the easiest way for governments to literally do nothing and still get a lot in return. But khair when there's a will there's a way. No way I would let this or even IK government take my earnings my literally providing nothing in return. 20% Upwork and Fiverr lete hai because they connect buyer and seller or government?

 

[Madni Bappa]

https://twitter.com/x/status/1534045263362400262

If its happen I dont know we would be short of billions next years we are already short from $3.5 billion to $2.5 billion and this tax will reduce our IT industry.

Well there goes my dream of seeing mini Silicone vallies all over Pakistan just like Israel

It was supposed to be 10 years tax free.

There go the billions I dreamed would come towards Pakistani youth. Especially women who were widowed by terrorism. They could've worked from home to provide for their families. Now the chances of that are much dimmer.

I guess this is why people are hesitant to invest in Pakistan.

One month one party does everything great. Then second month either reverses those steps or some General brings in a totally new party that fukcs everything up.

 

[AZ1]

These are speculations until official but generating revenue from IT exports, petrol, GST, automotives is the easiest way for governments to literally do nothing and still get a lot in return. But khair when there's a will there's a way. No way I would let this or even IK government take my earnings my literally providing nothing in return. 20% Upwork and Fiverr lete hai because they connect buyer and seller or government?

thats correct, govt getting dollars in return dont know why imposing such tax wi help and what

These are speculations until official but generating revenue from IT exports, petrol, GST, automotives is the easiest way for governments to literally do nothing and still get a lot in return. But khair when there's a will there's a way. No way I would let this or even IK government take my earnings my literally providing nothing in return. 20% Upwork and Fiverr lete hai because they connect buyer and seller or government?

thats correct, govt getting dollars in return dont know why imposing such tax wi help and what

 

[Enigma SIG]

30% Tax on IT exports, 20% on salaries.

End of the day, the IT industry is going to hit the buffers as everybody jumps ship.

Cocomo/DHA me invest karo bharwo! IT IT lgai hui hai.

 

[Splurgenxs]

Tax on IT exports . hain?
are they trying to make the pricing less competitive?

One should be taxing IT imports instead.

 

[Valar.]

Good step.

 

[AZ1]

Good step.

khud se kamao ge tou pata chalayga within Pakistan

 

[AZ1]

https://twitter.com/x/status/1534056725636124672

SBP yet to confirm

 

[RIP Pak LAW]

When you have idiots in the government such decisions not only considered but even implemented.

 

[SEOminati]

https://twitter.com/x/status/1534046092475736065

Not true. While they might have investments in India, it was Noora who gave IT industry exemption from tax and Shahiq Khaqan further expanded that to 2025. Let's call spade a spade.

 

[Digital]

PML N and PPP ruined economy, industry in their tenure, now they are doing it again. All hardwork done by IK will go to waste. Well done establishment.

 

[SEOminati]

What I particularly hate about the 30% or even 10% tax is that I know how I have came this far. I have two to three internet connections, a have arranged an electricity backup, I have to give them proof of my earnings to open a bank account, I don't have an identity. What did the government did for me?

 

[PakistaniFirst]

Rich Manufacturing Mafia has subsidies on imports, they pay minimum wage to their workers have subsidized imports and then sell the products to local consumer without any exports.
The youth which sell their knowledge to foreign countries, make startups, employ educated people and are basically contributing towards exports are being marganlized by this corrupt mafia we call govt.
ARMY IS INCREASING ITS BUDGET BY 6% MEANWHILE HEC HAS 50% BUDGET REDUCTION. CAN ANY ARMY PERSON HERE EXPLAIN THIS LOGIC TO ME?