In a significant move impacting Pakistan’s growing e-commerce ecosystem, the government has proposed a new taxation mechanism targeting digitally ordered goods and services. The changes come under a new provision to be added via Section 6A, aimed at treating digital […]
In the most recent few months, the PTA taxes on imported cell phones have climbed dramatically. The decline of the rupee and limited State Bank reserves may be to blame for this. Therefore, the government’s current goal is to […]
Increased taxes on social media platform income are in the works, as the federal government considers a proposal to raise taxes. The newly developed wave of inflation has had a negative impact on several areas of society. The increase […]
According to credible sources, the government is considering removing the sales tax on laptops and information technology (IT) equipment from the Finance Bill 2022-23. The government is exploring tariffs and tax exemptions for the creation of Cloud Infrastructure, as […]
The government put a ban on the import of roughly 800 products belonging to 33 categories, including food products, on Thursday in an attempt to control the country’s depleting reserves. Mobile phones used to be classified as prohibited […]
To help stabilise Pakistan’s worsening balance of payments, the government is considering doubling the regulatory tariff on mobile phone imports. According to sources, the increased charges on a single device will range from Rs. 6,000 to Rs. 44,000. The […]
Mr. Zeeshan Ahmed, Country General Manager for Rain Financial Inc., claimed that simply allowing crypto trading in Pakistan could produce at least $100 million in taxes in a year – or Rs. 20 billion. Mr. Ahmed was referring to […]
The Ministry of Information Technology and Telecommunication has proposed that the government eliminate regulatory duties on telecom equipment imports, provide a tax credit for new IT graduates, simplify taxation in the sector, and reduce taxes on mobile phones in […]
The telecom industry said that advance income tax made mobile phone ownership and internet usage unaffordable, especially for low-income people. The telecom industry has now requested that the government cut the advance income tax in the budget proposal for […]
It has been revealed that telecom cellular firms will put pressure on the government to reverse the rise in withholding tax on telecom services, which has a huge impact on the operators of roughly Rs. 18 billion per year. […]
