Stories from Farooq Baloch
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Increase in import duties could slow down 3G rollout
Budget proposes increase in duties to 15-25% from current 5%.
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Smartphones: Debate rife over viability of manufacturing units in Pakistan
At present, such gadgets comprise only 10-15% of mobile phone sales.
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Number crunching: Finance Bill 2014 reveals budget as unfriendly
Telecom sector laments ‘high taxation rates’, to meet Dar soon.
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Taxing away: Don’t blow up the proposal in smoke
Industry wants enforcement to discourage illicit trade.
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Telecom receives much-needed relief
FED removed, withholding tax reduced by 1%.
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Budget 2014-15: Giving relief to the telecom sector
Govt withdraws FED on telecom services from provinces that have imposed GST.
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Budget 2014-15: 5.2% growth target set for services sector
Government introduces housing and housing finance schemes, seeks to bring the retail sector under the tax net
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Budget 2014-15: Agriculture sector growth target lower than last year
Budget 2014-15 introduces support packages for farmers, several insurance schemes introduced
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Budget 2014-15: Broadening the tax net
FBR tax revenue projected at Rs2,810b.
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Growth continues in telecom sector
Tele-density reaches all-time high of 78%, up 3% from 2013.