ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry Pakistan’s IT exports have grown to an estimated $2.9 billion, which includes Pakistani freelancers estimated to be earning more than $300 million annually. While talking to APP, Managing Director Pakistan Software Export Board (PSEB) Iftekhar Shah said, government incentives to the IT & ITeS industry include income tax exemption on IT exports till June 2019, 100% foreign ownership, 100% repatriation of capital and dividends, 3-year tax exemption for IT startups, and tax holiday for venture capital funds till June 2024. He said, Pakistani domestic market for IT & IT Products and services is also strong, estimated at over $ 500 million in annual revenue, and growing rapidly. Total annual revenue of Pakistan’s IT Industry is nearing $3.5 billion. Pakistan’s IT industry has demonstrated positive growth trends for the last four ten with 100% growth in export earnings, he ad...