Heavy Taxes Archives - Teleco Alert

Cut in taxes on real estate sector to attract US$ 5-6 billion foreign investment – ICCI Overseas Pakistanis are interested in investing in the real estate sector, but heavy taxes are discouraging them.

On: September 10, 2023

Tagged: foreign investment., Heavy Taxes, Islamabad Chamber, overseas Pakistanis, real estate sector

Cut in taxes on real estate sector to attract US$ 5-6 billion foreign investment – ICCI ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to reduce heavy taxes on the real estate and construction sector that wouldRead More →

High taxation key barrier to ICT development. By Parvez Iftikhar

On: January 3, 2017

In: Broadband / Internet

Tagged: Bangladesh, Heavy Taxes, ICT Voice, Internet users, Pakistan

ISLAMABAD ( GUEST WRITER ) Information and communications technology (ICT) development in Pakistan has certainly received a healthy boost in 2016. This year broadband penetration rate increased from 3% to 15% and mobile broadband services are now available across 200 cities in the country. IT investments in Pakistan have alsoRead More →

Heavy taxes are a major burden on consumers especially on low-income groups

On: February 22, 2016

In: Telecom

Tagged: Govt. Policy, Heavy Taxes, Low income

ISLAMABAD ( MEDIA REPORT ) The new telecom policy 2015 is another friendly reminder of how the government prides itself in dabbling on the lexicon of policy making. The draft policy, hailed by the government as a ‘landmark’, is in fact a mushy collection of platitudes that talk about almostRead More →

Telecom has also shown slow improvement during Q1.State Bank

On: January 22, 2016

In: Breaking News

Tagged: Heavy Taxes, mobile, Q1 report, Sector, State Bank

ISLAMABAD ( ABRAR MUSTAFA ) Stat Bank of Pakistan reveled in Q1 report that due to heavily taxed on Mobile sector lower mobile and broadband usage in Pakistan. The report says that FY16 with increased number of broadband users; better cellular and teledensity;and decline in PTCL financial losses. PTCL aRead More →

Senators expressed serious concerns over heavy taxation on telecom

On: December 8, 2015

In: Telecom

Tagged: Concerns, Heavy Taxes, Sentors, Serious, Telecom

ISLAMABAD ( MEDIA REPORT ) A legislative body of Senate expressed concern over collection of taxes by provinces on telecom sector, which according to it was not a devolved subject. The body also expressed serious concerns over heavy taxation on telecom sector and urged for rationalising it. Senate Standing CommitteeRead More →

ICCI calls for reduction in telecom taxes

On: October 26, 2015

In: Telecom

Tagged: Heavy Taxes, Industry, Telecom

ISLAMABAD ( BMZ REPORT ) The Islamabad Chamber of Commerce and Industry (ICCI) said on Sunday that cell phones and mobile internet was an important tool to reduce poverty therefore policymakers should consider providing relief to telecom industry reeling under heavy taxation. Around 75 percent population in SAARC region wasRead More →

Imposition of the tax on data services will hamper economic growth. Telecom operator

On: June 12, 2015

In: Telecom

Tagged: 14% advance tax, 19.5 % Excise duty, Heavy Taxes, Wahaj Siraj

KARACHI ( MEDIA REPORT ) Telecom companies on Thursday, while criticising the imposition of tax on internet, threatened to stop their expansion plan if the government doesn’t withdraw the tax. “The uncertain and unpredictable policies of the government are hampering the future investment from the telecom companies,” said Wahaj usRead More →