Clearance of mobile phones: Customs valuation of 234 brands, models issued

KARACHI: Pakistan Customs has issued valuation of 234 different brands and models of mobile phones for the purpose of determination of duty and taxes at clearance stage. Read more »

SBP to expedite payment license issuance to FinTech companies

KARACHI: State Bank of Pakistan (SBP) will expedite issuance of payment licenses to FinTech companies in order to accelerate financial inclusion program. Read more »

PTCL’s revenue grows by 11 percent in first quarter

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced group’s revenue growth by 11 percent for first quarter ended March 2019. Read more »

SRB suspends registration of IT firm for unrealistic input tax adjustment

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of an information technology (IT) firm for unrealistic adjustment of input tax adjustment. Read more »

Adil Rashid appointed as CEO Wateen Telecom

KARACHI: Wateen Telecom Board of Directors announced today that Adil Rashid has been appointed as Chief Executive Officer of the company effective April 22 and he will replace Rizwan Tiwana, who has... Read more »

PTCL facilitates payment for Netflix subscription

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has facilitated its customers for pay subscription of Netflix, the world’s leading internet entertainment service, in their monthly broadband bills. Read more »

PTCL signs agreement for clean, green Pakistan

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) and Ministry of Climate Change (MoCC) have signed an agreement to support the Clean Green Pakistan Movement. Read more »

Electronic Market protests against duty, taxes on mobile phones

KARACHI: Karachi Electronic Market on Monday protested against levy of 100 percent duty and taxes on used imported phones. Read more »

PTCL promotes digital billing to save environment

KARACHI: In an effort to save environment, Pakistan Telecommunication Company Limited (PTCL) has urged its customers to opt for digital billing instead of monthly paper bills. A statement on Wednesday said that... Read more »

SRB suspends sales tax registration of Cyber Internet Services

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s. Cyber Internet Services (Private) Limited for making short payment on telecom services. Read more »

PTCL group’s revenue grows to Rs126.2 billion

KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group’s revenue for the year 2018 has grown YoY by 8 percent to Rs126.2 billion as a result of positive contribution by all group companies. Read more »

SBP estimates ICT exports worth $1.5bn remain undocumented

KARACHI: State Bank of Pakistan (SBP) has estimated that around $1.5 billion exports in Information and Communications Technologies (ICT) are remained undocumented due to absence of major world’s leading payment solution provider... Read more »