Tag: kitty

Telecom sector contributes Rs745b to national kitty

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article image STAFF REPORT ISB: Telecom sector has contributed an amount of Rs. 745 billion to national exchequer in terms of regulatory duties and taxes during last five years. A higher contribution of Rs. 243.8 billion was made during 2013-14 due to Pakistan Telecommunication Authority’s (PTA) extraordinary deposits of Rs. 96.5 billion out of total value of 3G and 4G spectrum auction in April 2014. In 2014-15, the telecom sector contributed Rs. 126.6 billion to national exchequer in terms…Read More

Telecom sector contributes Rs745b to national kitty

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article image STAFF REPORT ISB: Telecom sector has contributed an amount of Rs. 745 billion to national exchequer in terms of regulatory duties and taxes during last five years. A higher contribution of Rs. 243.8 billion was made during 2013-14 due to Pakistan Telecommunication Authority's (PTA) extraordinary deposits of Rs. 96.5 billion out of total value of 3G and 4G spectrum auction in April 2014. In 2014-15, the telecom sector contributed Rs. 126.6 billion to…Read More

Telecom sector earned Rs951.59b for national kitty

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article image STAFF REPORT ISB: Pakistan’s telecom sector contributed Rs951.59 billion to national exchequer during the last seven years. The sector was contributing an average of Rs124.8 billion annually to the national exchequer in terms of taxes, regulatory fees, initial and annual license fees, activation tax, and other charges during last three years but in fiscal year 2014,it contributed an all-time high Rs243.8 billion, registering a growth of 95.8 percent over the last year. A latest…Read More

$1.2b earned from 3G, 4G auction deposited to kitty

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article image STAFF REPORT ISB: The government of Pakistan has earned $1.2 billion from the sale of 3G and 4G licences and had been deposited in the national exchequer. "Chinese mobile company Zong, the winner of the 3G and 4G licences, has paid the amount in dollars and Telenor tand Mobilink has made 50 per cent of the due payment," Minister for ITandT Anusha Rehman informed the National Assembly. According to a report of Plum - a consulting firm of the UK - 900,000 jobs are expected to…Read More

Telecom sector adds Rs124 billion to national kitty

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STAFF REPORT ISB: The growing cellular subscribers, increased traffic and higher taxes have encouraged the telecom sector’s contribution to national exchequer, touching Rs124 billion mark during fiscal year 2012-13. Though the year 2012-13 saw lesser contribution from telecom sector as compared to Rs133.41 billion deposited in 2011-12, the sector can be termed as one of the highest contributors, putting Rs119 billion per year in the national kitty on average for the last five years…Read More

Delaying tactics incur billions of rupees loss to national kitty

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article image STAFF REPORT IBD: The country’s export may hit another stumbling block due to government’s failure to set up much-needed Halal Board for Halal Food Accreditation which will go a long way to bolster country’s export and local sale.An official who wished not to be named told this scribe that Halal Board will provide policy guidelines to the Pakistan National Accreditation Counsel (PNAC) and Pakistan Standard Quality Control Authority (PSQCA).The Ministry of Science and Technology had…Read More