A delegation of telecom infrastructure companies and venture capital firms has proposed easing and rationalising parts of Pakistan’s tax regime to support growth, attract investment, and expand activity in the telecom and venture capital sectors.
The proposals were discussed during a meeting chaired by Finance Minister Muhammad Aurangzeb at the Finance Division, where representatives of telecom infrastructure companies under TOWERCO Pakistan and venture capital firms highlighted sector-specific challenges related to taxation, regulation, and infrastructure deployment.
The meeting was also attended by Federal Minister for Information Technology and Telecommunications Shaza Fatima Khawaja, the chairman of the Federal Board of Revenue, the chairman of the Securities and Exchange Commission of Pakistan, senior officials from the Ministry of IT and Telecom, and representatives of public sector organisations including Ignite.
During the discussion, participants outlined their business models and operational constraints, particularly those linked to physical infrastructure rollout, regulatory compliance, and investment structuring. The delegation presented a set of proposals aimed at adjusting elements of the current tax framework to improve investment flows and support expansion in both telecom infrastructure and venture capital.
Aurangzeb acknowledged the role of telecom infrastructure companies in enabling digital connectivity nationwide and noted the importance of venture capital in supporting entrepreneurship, innovation, and job creation. He said that predictable and transparent tax and policy frameworks are essential to attract long-term investment in technology-driven sectors.
The finance minister added that while fiscal considerations remain important, the government aims to strike a balance that supports private sector-led growth, encourages formalisation, and strengthens the digital and innovation ecosystem over the medium to long term.
It was agreed during the meeting that a dedicated working group, comprising representatives from the Tax Policy Office and other relevant stakeholders, would be formed to examine the proposals in detail and develop actionable recommendations.
