PM directs timely enforcement of incentives for freelancers, IT companies

PM reviewed progress made so far on RUDA and CBD projects, he said for the first time in the country’s history, the dead capital was being regenerated into valuable assets through these projects.

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ISLAMABAD: Prime Minister Imran Khan Friday directed the authorities concerned to ensure implementation of the incentives and facilities announced by the government for freelancers and the IT industry within the stipulated time.

The prime minister, chairing a meeting to review the incentives being provided to the IT sector, said the government was extending maximum facilitation to the sectors with immense potential to support the national economy.

Mentioning the historic package announced by the government for the promotion of the IT sector, he said the government had introduced massive reforms to facilitate the business sector.

He viewed that the facilitation of the skilled freelancers would lead to increasing the remittances as promotion of the IT exports was among the government’s priorities.

The participants of the meeting were apprised of the implementation status of the incentives for the startups, industrial sector, and IT companies.

It was told the implementation of the government’s recently announced industries and IT package was going on at a fast pace and an increase in the number of freelancers had been witnessed consequent to the government’s measures.

The meeting was told that the one-step registration of freelancers through the portal of Pakistan Software Export Board had been ensured which would automatically register them with the Federal Board of Revenue.

Moreover, the State Bank of Pakistan was also taking steps to ensure the transfer of freelancing funds from abroad through the banking channels. Besides, a mechanism to take benefit from the tax exemptions for the IT companies would also be in place very soon.

An awareness system to ensure the implementation of the announced facilities through commercial banks would also be initiated. Meanwhile, Prime Minister Imran Khan on Friday said completion of the projects including Ravi Urban Development Authority (RUDA) and Central Business District (CBD) Walton would prove helpful in saving the environment and ecology of Lahore.

Chairing a meeting to review progress made so far on RUDA and CBD projects, he said for the first time in the country’s history, the dead capital was being regenerated into valuable assets through these projects.

PM Khan said the success of these projects would serve as a model for other cash-strapped departments to replicate for generating financial resources.

Earlier, CEO RUDA Imran Amin briefed the Prime Minister that development work on different innovative projects of RUDA was in full swing.

These projects include the development of Chaharbagh, industrial estate, water training work, Saphire Bay, Waste to Energy Plant, and Waste Treatment Plant. All administrative and environmental issues have been resolved and the projects are moving ahead.

The prime minister was also briefed that the construction of Bab-e-Pakistan, a museum on the history of Walton from 1900 to date, an LNG-based captive power plant, and a state-of-the-art teaching hospital in CBD, Walton was expected to be completed by March next.

The prime minister was also apprised of the progress of Nullah Leh and Ring Road projects in Rawalpindi.

PM Khan terming projects of supreme national interest directed the authorities concerned to adopt the proactive and innovative approach for their completion on a fast-track basis.

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