IT companies are moving out of Sindh due to high tax rates

Information technology (IT) companies are shifting from Sindh to other provinces owing to high tax rates in the province. This was revealed by the Federal Secretary for the Ministry of Information Technology and Telecommunication (MoITT) Shoaib Ahmad Siddiqui while he was  briefing the Senate Standing Committee on Information Technology and Telecommunication.

Secretary said that MoITT has submitted proposals to PM Office for resolving issues related to double taxation of IT companies. This initiative will help remove impediments in domestic IT business growth as well, he added.

Source: Pro Pakistani