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
Ministry of IT & Telecommunication to train 15,000 Pakistanis in Cutting-Edge Technologies
The "Capacity Building of IT Industry in Specialisation Technologies & Platforms programme" by the Ministry of IT and Telecommunications aims to train 15,000 Pakistanis in cutting-edge and specialised technology. According sources, women and young people will receive training in a variety of disciplines, including e-health, BPO, e-agriculture, digital twins, cloud computing, artificial intelligence, machine learning, and digital twins. The government has allotted Rs. 1,000 million in the first stage, while the MoITT estimates that it will cost Rs. 2,000 million to train 15000 people. Each of the 2,500 trainees who successfully complete the course will receive a salary of Rs. 25,000 per month and be employed as interns in IT companies for 3 months. It is pertinent to state that Pakistan Software Export Board (PSEB) will choose the most necessary and in-demand technology to offer training after consulting with business and academia. 300 master trainers on specialised technologies like blockchain, cloud computing, artificial intelligence,