Tag: excessive

Telecom sector reeling under excessive taxes: SDPI

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article image STAFF REPORT ISB: Censuring the exorbitant tax burden on telecom sector, the SDPI Study Group on ICT has concluded that Rs40 billion annual withholding tax on telecom consumers have brought the once lucrative sector on the verge of decline leading to drastic reduction in Foreign Direct Investment. Speaking on the occasion, Vice-President of Telenor Aslam Hayat said that withholding is imposed on those consumers, who either do not fall in the tax bracket or do not file tax returns and…Read More

Farm experts discourage excessive use of pesticides

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article image STAFF REPORT IBD: Agricultural experts have stressed the need for making Pesticide Residue Monitoring System operational in the country in order to control the indiscriminate use of pesticides on exportable horticulture as well as other national crops."The pesticide residue monitoring system has initially been approved by the federal government but no resource allocation has been done for it in order to make it effective and operational," Dr. Iftikhar Ahmed, Senior Advisor on Programme…Read More