Telecom companies paid Rs42,549b taxes during last five years

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Islamabad: Pakistan’s telecom companies are said to have paid an amount of Rs 42,549.3 billion tax during last five years.

The major contribution in terms of tax payment came at Rs 10,358.3 billion during financial year 2013-14 from the telecom companies.

The year-wise break up issued by Finance Division on Wednesday revealed that during year 2012-13 the amount of tax paid was Rs 6,419.3 billion, during 2013-14 Rs 10,358.3 billion, during 2014-15 Rs 8,286.9 billion, during 2015-16, Rs 8,149.5 billion and during year 2016-17 the mobile companies paid tax of Rs 9,335.3 billion.

The mobile companies providing cellular mobile services in the country are CM Pak (Zong), Ufone, Jazz (Mobilink), Telenor Pakistan and Warid Telecom (now merged with Mobilink).

On Tuesday, Profit had reported cellular companies had received nearly Rs 2 trillion as tax from customers during the past five years.

Jazz had collected Rs 13.26 billion as tax from the consumers in 2014. Furthermore in 2015 it collected Rs 13.34 billion, Rs. 14.80 billion in 2016 and in 2017 Rs. 14.3 billion. Till August 2017 it collected Rs 10.940 billion as tax from consumers.

Telenor had collected Rs 10.780 billion from consumers as tax in 2014.  Moreover, in 2015 it collected Rs 12.370 billion, Rs. 10.470 billion in 2016, Rs 11.620 billion in 2017. Till August 2017 Telenor has collected Rs 8.80 billion as income tax from the consumers.