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	<title>Telecom Industry Archives &#8211; Techlist</title>
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	<title>Telecom Industry Archives &#8211; Techlist</title>
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		<title>Telecom Sector Attracted Over $6 Billion Foreign Investment in 4 Years</title>
		<link>https://www.techlist.pk/telecom-sector-attracted-over-6-billion-foreign-investment-in-4-years/</link>
					<comments>https://www.techlist.pk/telecom-sector-attracted-over-6-billion-foreign-investment-in-4-years/?noamp=mobile#respond</comments>
		
		<dc:creator><![CDATA[Techlist Staff]]></dc:creator>
		<pubDate>Wed, 18 May 2022 19:35:49 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Industry]]></category>
		<guid isPermaLink="false">https://www.techlist.pk/?p=14201</guid>

					<description><![CDATA[<p>&#160; Syed Amin-ul-Haque, Germany&#8217;s IT and Telecoms Minister, announced on Tuesday that the telecoms industry garnered $6.1 billion in FDI from July 1, 2018, to March 30, 2022. The minister added in his message on the occasion of &#8216;World Telecommunication [&#8230;]</p>
<p>The post <a href="https://www.techlist.pk/telecom-sector-attracted-over-6-billion-foreign-investment-in-4-years/">Telecom Sector Attracted Over $6 Billion Foreign Investment in 4 Years</a> appeared first on <a href="https://www.techlist.pk">Techlist</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="aligncenter  wp-image-14204" src="https://www.techlist.pk/wp-content/uploads/2022/05/ssssvae_h8nh.jpg" alt="" width="726" height="368" /></p>
<p>&nbsp;</p>
<blockquote><p>Syed Amin-ul-Haque, Germany&#8217;s IT and <a href="https://www.techlist.pk/ministry-proposed-reducing-taxes-on-mobile-phones-and-telecom-sector/">Telecoms</a> Minister, announced on Tuesday that the telecoms industry garnered $6.1 billion in FDI from July 1, 2018, to March 30, 2022.</p></blockquote>
<p>The minister added in his message on the occasion of &#8216;World Telecommunication and Information Society Day&#8217; that revolutionary measures have been achieved in the IT and telecommunications sector in the previous three years, making it the most attractive for local and foreign investors.</p>
<p>According to the report, thanks to telecom reforms, the number of active mobile SIMs reached 193 million in March 2022, and the number of mobiles and fixed broadband connections climbed by 39.4%. According to the federal minister, the department&#8217;s IT and telecoms arm, the Universal Service Fund (USF), has started programmes to deliver internet services across the country.</p>
<p>She went on to note that as of June 2021, more than 37 projects worth Rs.31 billion had been launched, with the majority of them having 50-75 percent of the work done.</p>
<p>According to the Minister, Rs 6,470 crore has been invested on nine different fibre and broadband projects in Punjab, and nine projects worth over Rs 8,480 crore are currently under way in Sindh to provide high-speed internet, high-speed, and fibre optical networks.</p>
<p>It stated that 11 projects totaling Rs 8,430 crore are planned for Balochistan&#8217;s 14 districts. In fourteen KPK districts, more than Rs 7,080 crore would be spent on eight distinct internet and fibre optic projects. During the current financial year, Rs 29,000 crore was also spent on 28 projects to deliver broadband services in remote locations, according to Syed Amin ul Haque.</p>
<p>The post <a href="https://www.techlist.pk/telecom-sector-attracted-over-6-billion-foreign-investment-in-4-years/">Telecom Sector Attracted Over $6 Billion Foreign Investment in 4 Years</a> appeared first on <a href="https://www.techlist.pk">Techlist</a>.</p>
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		<title>Telecom Industry Presents Reasons Explaining Why Tax on Phone Calls is a Bad Idea</title>
		<link>https://www.techlist.pk/telecom-industry-presents-reasons-explaining-why-tax-on-phone-calls-is-a-bad-idea/</link>
					<comments>https://www.techlist.pk/telecom-industry-presents-reasons-explaining-why-tax-on-phone-calls-is-a-bad-idea/?noamp=mobile#respond</comments>
		
		<dc:creator><![CDATA[Techlist Staff]]></dc:creator>
		<pubDate>Mon, 28 Jun 2021 11:12:10 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Pakistan]]></category>
		<category><![CDATA[Phone Calls]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Telecom Industry]]></category>
		<guid isPermaLink="false">https://www.techlist.pk/?p=11991</guid>

					<description><![CDATA[<p>At a recent meeting of the National Assembly to discuss the budget, Finance Minister Shaukat Tallinn announced that the government will levy a tax of 75 Paisa or PKR0.75 for each call with a talk time of more than 5 [&#8230;]</p>
<p>The post <a href="https://www.techlist.pk/telecom-industry-presents-reasons-explaining-why-tax-on-phone-calls-is-a-bad-idea/">Telecom Industry Presents Reasons Explaining Why Tax on Phone Calls is a Bad Idea</a> appeared first on <a href="https://www.techlist.pk">Techlist</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="aligncenter wp-image-11994 size-full" title="Tax on Phone Calls is" src="https://www.techlist.pk/wp-content/uploads/2021/06/60aebc19c2c6b.jpg" alt="Tax on Phone Calls is" width="1024" height="768" /></p>
<blockquote><p>At a recent meeting of the <a href="https://www.techlist.pk/national-incubation-center-quetta/">National</a> Assembly to discuss the budget, Finance Minister Shaukat Tallinn announced that the government will levy a tax of 75 Paisa or PKR0.75 for each call with a talk time of more than 5 minutes.</p></blockquote>
<p>The government plans to <a href="https://www.techlist.pk/online-tax-filing-portal-pakistan/">tax</a> people who answer the phone and declares the decision &#8220;not feasible.&#8221; According to Geo News, the industry also raised reasons why the authorities should reconsider its tax decision.</p>
<p>The reasons presented are:</p>
<ul>
<li>This decision may cause problems for 98% of prepaid customers who use bundled offers.</li>
<li>End a package deal that is extremely convenient for the <a href="https://www.techlist.pk/lahore-traffic-police-free-vehicle-repair-service/">public</a>.</li>
<li>The tax may prompt <a href="https://www.techlist.pk/pakistani-fintech-startup-creditfix/">consumers</a> to hang up and call back five minutes early.</li>
<li>Reduced calls will save consumers from tax relief.</li>
</ul>
<blockquote><p>In return, the <a href="https://www.techlist.pk/first-stem-competition-announced-in-punjab-government-schools/">government</a> will get nothing. The additional tax is a complicated issue for telecom operators and trouble for the public.</p></blockquote>
<p>Initially, the 2021-22 Finance Act proposed that if the duration exceeds three minutes, a PKR1 tax will be imposed on each call, a PKR5 tax will be imposed on each GB of <a href="https://www.techlist.pk/ufone-introduces-monthly-internet-package-to-assist-in-working-from-home/">Internet</a> usage, and 10 paisa will be imposed on each SMS.</p>
<p>However, in a post-budget press conference, Tallinn clarified: &#8220;We are not doing this at the moment,&#8221; adding that these proposals have been rejected by the prime <a href="https://www.techlist.pk/dubai-minister-artificial-intelligence/">minister</a> and the federal cabinet.</p>
<p>The post <a href="https://www.techlist.pk/telecom-industry-presents-reasons-explaining-why-tax-on-phone-calls-is-a-bad-idea/">Telecom Industry Presents Reasons Explaining Why Tax on Phone Calls is a Bad Idea</a> appeared first on <a href="https://www.techlist.pk">Techlist</a>.</p>
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