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Business Confidence in Pakistan Inches Up, While Inflation, Taxation, and Policy Concerns Cloud Future Outlook : OICCI Survey KARACHI  (  Web  News  ) Business confidence in Pakistan has improved by 4 percent, though it remains in the negative, as reflected in the 25th Wave of the Business Confidence Index (BCI)Read More →

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In: Commerce and Industry
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QUETTA (PRESS RELEASE) A signing ceremony between JazzCash, National Bank of Pakistan and Excise & Taxation Department, Government of Balochistan took place in Quetta, Balochistan. Under this agreement, JazzCash has become the official branchless banking partner for NBP’s ongoing collaboration with Excise and Taxation Department, Government of Balochistan. Citizens ofRead More →

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ISLAMABAD ( ABRAR MUSTAFA ) There are some serious challenges faced by the telecommunication sector which is hampering the growth of telecom services in the country and demand immediate attention by the Government of Pakistan. Telcos again appealed Muslim League government to address issues regarding Taxes and duties in letterRead More →

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ISLAMABAD ( ABRAR MUSTAFA ) A high level meeting took place where Ministry of Information and Technology along with Ministry of Finance met with representatives of cellular companies. However this meeting didn’t bear any fruits. The meeting was about the taxation that has been levied by federal and provincial governmentsRead More →

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In: Telecom
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ISLAMABAD ( MEDIA REPORT ) State Minister for Information Technology and Telecommunication Anusha Reham said that Pakistan had second highest taxation in the world in the telecom sector. Expressing serious concerns over heavy/double taxations on telecom sector, Anusha said that business environment for IT sector in the country was goingRead More →

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In: Telecom
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ISLAMABAD ( MEDIA REPORT ) The Pakistan Muslim League-Nawaz (PML-N) government is faced with a major embarrassment as the incumbent telecom operators have shown no interest in participating in the fourth generation spectrum auction due to the unpredictable taxation on the telecom sector. Industry sources said the telecom sector isRead More →

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In: Broadband / Internet
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ISLAMABAD ( ABRAR MUSTAFA ) The effective rate of sales tax and customs duty on computer sector would increase through rationalization of duties/taxes on import of computer equipment by bringing smuggled imports into the formal regime and reducing cost of legitimate importers. Munawar Iqbal, Chairman Pakistan Computer Association PCA, inRead More →