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Telecom giants for reducing advance income tax from 12.5pc to 10pc


June 11, 2021
ISLAMABAD: The telecom giants have asked the government for reducing advance income tax from 12.5 to 10 percent, rationalize and harmonize GST rate at 16 percent, resolution of SIM issuance tax and reduction in Customs Duty and Regulatory Duty on telecom equipment and raw material for optic fiber cable in the budget 2021-22.
According to a joint letter written by giant telcos including PTCL, Jazz, Telenor Pakistan, Ufone and Zong to Federal Minister for Finance, they were hopeful that the tax proposals approved by the federal cabinet shall be implemented in the upcoming Finance Act, further augmenting government s drive of Digital Pakistan. The telecom companies asked for reduction of advance Income Tax, from 12.5 percent to 10 percent and 8 percent by FY2021-22 and 2022-23. ....

Lahore High Court , Customs Duty , Regulatory Duty , Telenor Pakistan , Federal Minister , Finance Act , Income Tax , Federal Excise Duty , Sales Tax , Income Tax Ordinance , Minimum Tax , Finance Bill , Normal Tax , Second Schedule , Net Income Basis , லாகூர் உயர் நீதிமன்றம் , சுங்க கடமை , ஒழுங்குமுறை கடமை , டெலினர் பாக்கிஸ்தான் , கூட்டாட்சியின் அமைச்சர் , நிதி நாடகம் , வருமானம் வரி , கூட்டாட்சியின் கலால் கடமை , விற்பனை வரி , வருமானம் வரி ஆர்டிநந்ஸ் , குறைந்தபட்சம் வரி ,

NATC calls for reducing health hazards


NATC calls for reducing health hazards
Islamabad
May 28, 2021
Islamabad : The National Alliance for Tobacco Control (NATC) has written a letter to Minister for Finance Shaukat Tareen, urging him to increase tax on tobacco products in the upcoming budget to discourage smoking and bring down health cost in the country.
In the letter, the alliance’s chairman Professor Javaid Khan requested the finance ministry to increase taxes on cigarettes in the budget to reduce the burden of tobacco-related diseases in the country. He said the federal cabinet approved a health levy in 2019 with Rs10/cigarette tax to discourage smoking in youth and boost the country’s revenue, but for one reason or the other this additional tax was never implemented. ....

Shaukat Tareen , Javaid Khan , National Alliance For Tobacco Control , National Alliance , Tobacco Control , Finance Shaukat Tareen , Professor Javaid Khan , ஷௌுகத் தரீன் , ஜாவைத் காந் , தேசிய கூட்டணி , புகையிலை கட்டுப்பாடு ,