The federal government wants to motivate consumers to become tax-filers by levying withholding tax on electricity bills A technician from the Karachi Electric Supply Corporation (KESC), Pakistan’s largest city’s power supply company, fixes new electricity meters at a residential building in Karachi on May 13, 2010. Pakistan’s Prime Minister YousufRead More →
ISLAMABAD ( PARVEZ IFTIKHAR ) Pakistan national budget for fiscal year 2017-18 is being discussed and debated at all levels. The government appears to have given some attention to the information technology sector with facilitation steps, but at the same time some other measures run contrary to the interest ofRead More →
ISLAMABAD ( BMZ REPORT ) Pakistan Telecommunication Authority (PTA) has issued 850MHz spectrum (3G/4G) license to Telenor Pakistan after it paid withholding tax of Rs 4.13 billion ($39.5 million). Telenor had earlier refused to pay withholding tax of $39.5 million, i.e. 10 percent of the total auction price ($395 million) ofRead More →
ISLAMABAD ( BMZ REPORT ) After granted the 10MHz 4G license in the 850 MHz Band at the base price of $395 million as the sole bidder in a recently held auction by the Pakistan Telecommunication Authority (PTA), the Norwegian giant, Telenor, has moved the Islamabad High Court against theRead More →
ISLAMABAD ( MEDIA REPORT ) Censuring the exorbitant tax burden on telecom sector, the 60th meeting of Sustainable Development Policy Institute (SDPI) Study Group on Information Technology and Telecommunication on Thursday concluded that Rs40 billion annual withholding tax on telecom consumers has brought the once lucrative sector on the vergeRead More →