Tue, 21-Oct-2025

IT exporters allowed retention of 35% proceeds in FC accounts

IT exporters

KARACHI: The State Bank of Pakistan (SBP) has allowed the IT exporters to retain up to 35 per cent of the export proceeds in their foreign currency accounts, a statement issued by the central bank said. To facilitate the exporters of software, IT and IT-enabled services, the SBP amended its foreign exchange regulations, advising the … Read more