Bright Future for Freelancers – Pakistan’s National Freelancing Policy
The Ministry of Information Technology and Telecommunication is poised to transform Pakistan's freelancing landscape with the unveiling of the "National Freelancing Policy." By making Pakistan a global leader in freelancing, this forward-thinking initiative hopes to increase exports and the country's foreign exchange revenues. The policy provides a number of initiatives aimed at empowering this dynamic workforce in an effort to encourage and support registered freelancers. Tax Incentives: Boosting Pakistan's Freelance Industry The establishment of a reduced sales tax rate, not to exceed 2 percent, for local service revenue produced by independent contractors registered with the Pakistan Software Export Board (PSEB) is one of the main aspects of this programme. It is pertinent to state that this tax break aims to lessen the financial strain on independent contractors and propel the expansion of this rising industry. The strategy expects cooperation between PSEB and the State Bank of Pakistan (SBP) to streamline inward foreign exchange remittances from
National Freelance Training Program: A Hope for Pakistan’s Youth
Over time, the term "freelance" has increasingly gained prominence. In the digital age, freelancing has become a realistic employment option since it gives people the freedom to work independently and remotely. Freelancing offers a viable option in Pakistan, where the issue of youth unemployment is still a critical one. In this blog, Creativibes will be highlighting the true meaning of freelancing, its potential to help Pakistan's youth, and most importantly - the role of National Freelance Training Program (NFTP) to provide online employment opportunities for young people throughout Pakistan. What is Freelancing? Freelancing is the act of providing services or abilities on a project-by-project basis without a long-term commitment to an employer. Through online platforms, it enables people to work independently and sell their skills to a clientele around the world. Furthermore, the range of freelance work is broad and includes a variety of industries, including graphic design, content creation, programming, digital marketing, and
