INTRODUCTION

Pakistan is among the courtiers which are exporting I.T services of billions of dollars every year. Export of I.T services and domestic industry providing lot many employment opportunities, livelihood of millions of people depends upon these services.

Thousands of I.T companies are working in Pakistan and each year hundreds of I.T companies are registered with Securities and Exchange Commission of Pakistan.

Registration with Pakistan Software Export Board (PSEB) renders many incentives e.g. free internees, of permanent employees of a company, are provided to the companies registered with PSEB.

Tax exemption is available to the companies which are registered with PSEB. Hence, registration with PSEB is necessary to avail tax benefits.