Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Voices from the Roof of the World Set to Launch Season 4 Amid Intensifying Climate Crisis

    November 25, 2025

    Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference

    November 25, 2025

    Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4

    November 25, 2025
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      CEO CBD Punjab Imran Amin Reviews Progress of Flagship CBD Projects

      November 22, 2025

      PAEC Holds National Field Day on Castor Bean and Sesame at NIAB

      November 20, 2025

      AKUH Celebrates Children’s Rights with a Colourful Walk and Week of Engaging Activities

      November 20, 2025

      Pakistan’s Leading Career Development Group of Companies – TheCoach360

      November 19, 2025

      OGDC Commences Oil Production from Pasakhi-14 Development Well in Hyderabad, Sindh

      November 15, 2025
    • Business

      Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference

      November 25, 2025

      Gold Box strengthens market position through new partnership with Feroze Khan

      November 25, 2025

      Bestway Group – UBL Donate Rs 550 million to LUMS

      November 24, 2025

      (CEIF) at IBA celebrated its 10-year journey in shaping the future of the Islamic financial landscape in Pakistan

      November 22, 2025

      This Winter transform Your Home’s Air with the Infinix Smart Air Purifier

      November 22, 2025
    • Technology

      Why Big Tech Is Betting on India’s Free AI Wave — Even as OpenAI Faces a $1.4 Trillion Reality Check

      November 9, 2025

      PAFLA, Innovista Launch AI & Cybersecurity Courses in Balochistan

      October 30, 2025

      Meta and PTA Collaborate to Launch “Is This Legit?” Anti-Scam Campaign for a Safer, More Informed Online Community in Pakistan

      October 17, 2025

      Say It, Edit It – AI Edit Genie Rules Your Gallery with the realme 15 Series Party Revolution

      October 8, 2025

      A Karachi Podcaster Finds His Voice at Home with Temu

      September 22, 2025
    • Sports

      tapmad Strengthens Regional Presence Through Partnership with Robi Axiata in Bangladesh

      October 30, 2025

      Fresh record for YANGWANG U9 Xtreme: now the  fastest electric hypercar at the Nordschleife

      October 23, 2025

      Shahid Afridi Joins SIXR Cricket as Icon Player, Accepts Chris Gayle’s

      September 25, 2025

      SPOTIFY AND FC BARCELONA TAP TRAVIS SCOTT FOR EL CLÁSICO TAKEOVER

      May 2, 2025

      Sarsabz Baba Guru Nanak Kabaddi Cup Kicks Off in Lahore

      April 15, 2025
    • Entertainment

      Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4

      November 25, 2025

      Ajoka Presents “Yeh Auratein Kahan Gaeen” at NCA Triennale 2025

      November 25, 2025

      Sahir Ali Bagga and Saima Noor Team Up for “Mastani” Teaser – Full Song Coming Soon

      November 24, 2025

      Spotify adds in-app playlist transfers with TuneMyMusic integration

      November 22, 2025

      TikTok launches new Time and Well-being space to support healthier digital habits

      November 20, 2025
    • Education

      Voices from the Roof of the World Set to Launch Season 4 Amid Intensifying Climate Crisis

      November 25, 2025

      SCICON 6.0, 2025: A Celebration of Science, Creativity, and Innovation*

      November 24, 2025

      LUMS to Host International Conference on Green Productivity 2.0 on November 28–29, 2025

      November 19, 2025

      Prof. Ahsan Iqbal Inaugurates the Most Powerful Computing Facility of Pakistan at PIEAS

      November 19, 2025

      IBA KARACHI ORGANIZED FIFTH ANNUAL INTERNATIONAL CONFERENCE ON

      November 15, 2025
    • Health

      Himalaya sponsors 60 cleft lip surgeries in Pakistan

      November 15, 2025

      Negative workplace treatment affects more than 2 in 3 employees living with diabetes in Pakistan

      November 15, 2025

      Dr. Naveed Yousuf of Aga Khan University Examination Board Appointed Vice President of International Assessment Body

      November 15, 2025

      SHINE Humanity launches first Mobile Dental Care Unit to expand access to oral healthcare

      November 5, 2025

      Pakistan’s Youth Raise Their Voices for Mental Health, Unplugged 2025 Comes to AKU

      October 31, 2025
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»PM urged to announce special package for IT Industry in upcoming budget
    Business

    PM urged to announce special package for IT Industry in upcoming budget

    yasirBy yasirMarch 25, 2025No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

     Muhammad Zohaib Khan, Former Chairman of P@SHA (Pakistan IT Industry
    Association), has called upon Prime Minister Mian Muhammad Shehbaz
    Sharif to announce a special package for the IT industry in the
    upcoming budget. Given the Prime Minister’s clear vision for a digital
    and knowledge economy through initiatives like Uraaan Pakistan, it is
    crucial to introduce strong policy reforms and incentives to ensure
    sustainable growth in the sector.


    This year, Pakistan’s IT industry is projected to achieve
    approximately $3.6 billion in exports, a testament to the focused
    approach of the Special Investment Facilitation Council (SIFC) on the
    IT sector and the tireless efforts of the Ministry of IT & Telecom,
    Pakistan Software Export Board (PSEB), and other key stakeholders.
    However, to maintain and accelerate this momentum, Pakistan must take
    extraordinary measures to position itself as a global tech leader.



    “A well-structured IT package is essential to unlock the full
    potential of Pakistan’s tech ecosystem. The government must introduce
    policies that facilitate ease of business, relaxation in taxation,
    targeted funding for skill development programs, an aggressive Brand
    Pakistan campaign, and most importantly, mobilize Special Technology
    Zones Authority (STZA) incentives exclusively for the IT sector,”
    stated Muhammad Zohaib Khan.

     He further emphasized that with the national budget around the
    corner, this is a critical opportunity for the government to
    demonstrate its commitment to the IT sector—an industry that can drive
    economic growth, create high-value jobs, and significantly boost
    exports.

    “With the right policies and incentives, Pakistan’s IT sector has the
    potential to surpass $5 billion in exports in the near future, but
    this requires bold steps and immediate action,” he added.

    Industry leaders and stakeholders strongly advocate for an enabling
    environment with fiscal and policy incentives, ensuring that
    Pakistan’s IT industry continues to thrive and compete on a global
    scale.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference

    November 25, 2025

    Gold Box strengthens market position through new partnership with Feroze Khan

    November 25, 2025

    Bestway Group – UBL Donate Rs 550 million to LUMS

    November 24, 2025
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025157 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 202592 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202475 Views

    AKU-EB Celebrates High Achievers of Gilgit-Baltistan and Chitral at the Professional Development Center, Gilgit. 

    October 27, 202467 Views
    Don't Miss
    Education

    Voices from the Roof of the World Set to Launch Season 4 Amid Intensifying Climate Crisis

    Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference

    November 25, 2025

    Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4

    November 25, 2025

    Ajoka Presents “Yeh Auratein Kahan Gaeen” at NCA Triennale 2025

    November 25, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Voices from the Roof of the World Set to Launch Season 4 Amid Intensifying Climate Crisis

    November 25, 2025

    Tetra Pak reinforces Sustainability commitment at SDPI’s 28th Annual Development Conference

    November 25, 2025

    Amna Riaz Lights Up Times Square as Spotify’s EQUAL Pakistan Ambassador for Q4

    November 25, 2025
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025157 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 202592 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202475 Views
    © 2025 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.