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Pakistani mobile phone users to pay lower advance income tax
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Saturday Mar 13, 2021
Federal Minister for Information Technology and Telecommunication Syed Amin ul Haque addressing a press conference in Islamabad, on March 13, 2021. Twitter
Ministry says there will be gradual reduction of taxes imposed on telecom sector, mobile phone users.
Advance income tax on mobile phone users will be reduced from 12.5% to 10%
Federal cabinet s nod comes after recommendations from Ministry of IT and Telecommunication.
The tax imposed on mobile phone users will gradually reduce after the federal cabinet approved granting the telecom sector the status of an industry .
The federal cabinet s approval came on the recommendations of the Ministry of IT and Telecommunication, according to a tweet from the ministry.
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Islamabad: Pakistan’s mobile phone manufacturing industry witnessed an encouraging trend with the production of 1.21 million mobile phones in the first two months of 2021. These phones were manufactured at the 33 local mobile devices assembly plants in Pakistan.
The number of smartphones assembled and produced in January and February 2021 indicate a significant increase as compared to the last two years. The country produced 2.1 million smartphone devices in 2020 and 119,639 in 2019, according to Pakistan Telecommunication Authority (PTA).
The country has produced over 25 million mobile devices including 4G smartphones following the successful implementation of PTA’s Device Identification, Registration and Blocking System (DIRBS).
“With the successful execution of DIRBS, the local assembly industry has evolved from infancy to well-growing stage, with significant growth seen in the local assembly of smartphones,” PTA said. The system implemented in 2019 also led to a signif
Islamabad: Minister for Information Technology and Telecommunication Syed Amin ul Haque has said that the government is encouraging the cellular companies to manufacture and assemble mobile phones.