Telecom Industry paid Rs. 179 billion in Taxes during FY 2020-21
The Pakistan Telecommunication Authority ( PTA ) noted numerous additional milestones in its annual report 2021, the industry paid Rs179 billion in general sales tax, withholding tax, customs duty, and other taxes in fiscal year 2020-21, up from Rs148.9 billion the previous year. Broadband customers passing the 100 million mark during the year, The number of smartphone users in the country has overtaken those using old-school 2G devices for the first time, which played a vital role in increasing telecom industry income according to the telecom regulator’s latest annual report. According to the PTA study, the country’s achievements in combating the Covid-19 outbreak, as well as strategic moves toward industry facilitation and consumer safety, opened the path for all-inclusive connectivity and overall sector growth. According to the PTA annual report, broadband customers have surpassed the 100 million mark. According to the survey, smartphones exceeded feature phones 2G for the first t...