Software Industry

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The industry is basically handicapped because of the standards of education that are falling all the time. Elitism nurtured by the government policy towards the high paying vocation as computer engineering and application further compounds the problem. The government has indeed given a number of incentives in the 1998-99 budget by withdrawing customs duty on computers, exempting software export earnings from taxes and lowering data communication rates for software exporters. Besides, the government has given the industry firm commitment to remove any impediments in the developing of software industry.

Fauji Foundation would establish a software company in the name of Fauji Soft. Habib Bank Ltd. has taken the initiative and decided …