New section 263q

PTA to raise issue of 19.5 percent ST with provinces

On: November 5, 2015

Tagged: internet, New section 263q, Pakistan cellulers, Provinces, PTA, Tax

ISLAMABAD ( MEDIA REPORT ) Pakistan Telecommunication Authority (PTA) has decided to raise the matter of 19.5 percent provincial sales tax on mobile internet and data services with all the four provinces as the move is not only hurting telecom sector but also making the facility dearer for the consumers,Read More →

Govt. imposed new tax on telecos

On: June 26, 2015

In: Breaking News

Tagged: 8% minimum Tax, Finance bill 2015, New section 263q, New Tax

ISLAMABAD ( ABRAR MUSTAFA ) Finance Bill 2015 has been passed by the National Assembly of Pakistan on 22nd Jun 2015, whereby, the companies providing services are liable to pay 8% minimum tax under Section 153 (1) (b) of ITO 2001 irrespective of their quantum of profit or loss declaredRead More →