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Mobile Phone Imports Increased by 56% in The Last 9 Months Pakistan imported mobile phones worth $1.535 billion during July-March (2020-21) as compared to $979.965 million in July-March (2019-20), showing a growth of 56.74 percent, according to data from the Pakistan Bureau of Statistics (PBS). The overall telecom imports into the country during the period under review had increased by 43.76 percent by increasing from $1.337 billion in 2019-20 to $1.923 billion during the current fiscal year. O...

The duty was collected from expatriates and travellers on import of mobile phones under baggage. — AFP/File ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs4.99 billion in the first seven months of this fiscal year on import of mobile devices through Device Identification, Registration and Blocking System (DIRBs), which is 34.47 per cent higher over the preceding year. The duty was collected from expatriates and travellers on import of mobile phones under baggage. Since July 1, 2019...

Search jobs 03-Feb-2021 At 19.28% CAGR, Surgical Instrument Tracking Systems Market 2021 Industry Trends, Share, Growth, Opportunities and Major Key Vendors by Forecast to 2027 Pune, Maharashtra, India, February 3 2021 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Global Surgical Instrument Tracking Systems Market is valued at USD 120.9 Million in 2018 and expected to reach USD 415.3 Million by 2025 with the CAGR of 19.28% ov...

87% of Pakistanis Have Internet Access: PTA The Pakistan Telecommunication Authority (PTA) has claimed that Internet services are available to 87 percent of the population in Pakistan at the lowest rates in the region. The demand for Internet services grew immensely in Pakistan during the lockdown in 2020 due to increased use of social media and communications applications, video streaming, and online sessions. However, the quality of the services remains comprised and has been termed as ‘poo...

While most inbound travelers who bring luxurious items attempt to evade the taxes by illicit means, a fraction of those who abide by the law face a wide

Seventeen various assembly plants have produced 17.62 million mobile handsets including 4G-enabled smartphones locally in Pakistan in the past two years to cater to the increasing local demand of the country. According to the annual report of the Pakistan Telecommunication Authority (PTA), these plants produced over 11 million mobile devices, including 4G smartphones in 2019, only. In the first nine months of 2020, the plants assembled around 6.62 million devices, out of which 0.68 million were...

Telcos Earned Rs. 537.2 Billion and Contributed Taxes of Rs. 137 Billion in FY2020: PTA The Telecom sector in Pakistan withstood the impact of COVID-19 and showed sustainable revenues of Rs. 537.2 billion in the fiscal year 2019-20 (FY2020) as compared to Rs. 550.4 billion in FY2019. The sector also made a significant contribution of $622.5 million (24 percent) to the total net Foreign Direct Investment (FDI) in the country. This was revealed by the Annual Report 2020 released by the Pakistan T...

Mobile phones' import witnessed an increase of 52.37 percent in the first half (July-December) of the fiscal year 2020-2021 as it remained worth $938.83

Press ReleaseLast Updated: Jan 18, 2021 Telecom sector has emerged as a prominent contributor to Pakistan’s economy and the sector contribution to the national exchequer has shown an increase of 129% in year 2020 when compared to year 2019, despite economy being under pressure due to COVID effects. As per Pakistan Telecom Authority (PTA) Annual Report 2020, released here today, the sector contributed PKR 278b (including PTA deposits to national exchequer) in FY 2020 as compared to PKR 121 bil...

Business January 16, 2021 ISLAMABAD: Telecom sector’s contribution to the national exchequer jumped 129 percent to Rs278 billion in FY20, compared to Rs121 billion in FY19, largely due to an unprecedented spike in the usage of services during virus restrictions, a report said on Friday. “A surge in demand for telecom services due to lockdown resulted in significant growth not only in subscriber base but also in the usage of telecom services. Today, data usage stands at 4,498 Peta Byt...