Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report
LAHORE: The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...
Mini-budget to have negative revenue impact of Rs6.8 billion during remainder of FY18-19
Despite the major shortfall of Rs 158 billion during the past six months, the FBR has kept the tax collection target unchanged at Rs 4,386 billion for this financial year ending June 2019
PTA to introduce DIRBS for blocking stolen, smuggled mobile phones
ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal...
Running out of options: The state of our telcos
Recent financial results indicate that the sector has reached a tipping point
Total broadband subscribers including 3G and 4G touched 44.608m in June
Islamabad: Total broadband subscribers, including for 3G and 4G services, have crossed around the 44.608 million mark in the country, registering a...
FBR seeks cabinet approval to tax illegal mobile phones
As per the envisaged plan, the FBR has determined a plan to levy a tax on all those smuggled phones which are presently inactive and are stocked in shops as unsold
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Govt to reconsider taxation on IT, telecom sectors
The government has decided to review the taxation on IT and telecom sector for the next financial year in an attempt to...
From JazzCash to Cashless – Hacker steals money from retailers’ mobile accounts
In a recent development that could undermine the government and private sector’s efforts towards financial inclusion, a fraudster siphoned off Rs15 lacs...
Cabinet Division declares orders issued by PTA as unlawful
ISLAMABAD: The Cabinet Division has declared the orders so far taken by senior officials of Pakistan Telecommunication Authority (PTA) as illegal after...
PTCL announces collaboration with iflix
Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has announced its collaboration with ‘iflix’, the world leading Subscription Video-on-Demand...
80pc of network to be shifted to 4G: Telenor CEO
ISLAMABAD: Telenor has so far invested more than US $ 3.5 billion Foreign Direct Investment (FDI) to expand its network and provide...
No additional tax to be imposed on telecom sector: Haroon Akhtar
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that no additional tax will be imposed on the telecom...
Pakistan mobile broadband users increase drastically
ISLAMABAD: Pakistan has seen a dramatic increase in mobile broadband penetration over the past five years as mobile broadband subscribers have reached...
China says U.S., Canada abused extradition agreement over Huawei executive Meng
The United States will proceed with the formal extradition from Canada of Meng, the daughter of Huawei Technologies Co Ltd founder Ren Zhengfei, Canada’s ambassador to the United States told the Globe and Mail newspaper in an interview published on Monday