Section 154A

Reduced final tax on export of IT and IT-enabled services — 0.25% for PSEB-registered, 1% for others.

Explained Simply

Section 154A gives exporters of IT and IT-enabled services a low final-tax rate on proceeds received through banking channels: 0.25% if PSEB-registered, otherwise 1%. It's treated as final tax, subject to conditions.

Legal Definition

Section 154A of the Income Tax Ordinance, 2001.

📖 Section 154A

💡 Example

A Fiverr freelancer receiving foreign payments through a Pakistani bank is taxed under 154A, subject to conditions.

Educational definition, not legal advice. Verify against the statute text (Section 154A) before acting.