Jul 13

Forbes China includes Xiaomi in best employers list

BEIJING: Xiaomi, a global technology leader and the third largest smartphone manufacturer has been named one of the top ten employers by Forbes China. READ MORE: Xiaomi joins hands with SELECT for phone production Xiaomi had 33,000 full-time employees worldwide at the end of last year. Other companies on the list include Schneider Electric, Hitachi […]

by Hamza Shahnawaz

SBP makes permission must for import of mobile phone, cars

May 21

Automotive, IT & Telecom, Money & Banking, Top stories

SBP makes permission must for import of mobile phone, cars

KARACHI: The State Bank of Pakistan (SBP) has imposed condition for payment on import of mobile phones and motor cars. The SBP issued a circular related import goods making it mandatory for banks to take prior permission for releasing funds for import of motor cars, mobile phones and other machinery. READ MORE: SBP may raise […]

by Hamza Shahnawaz

Pakistan spends Rs217 billion to import mobile phones

Feb 18

IT & Telecom, Top stories

Pakistan spends Rs217 billion to import mobile phones

ISLAMABAD: Pakistan has spent Rs217 billion to import mobile phones during first seven months (July – December) 2021/2022, according to data release by Pakistan Bureau of Statistics (PBS). The import of mobile phones grew by 17.25 per cent when compared with Rs185 billion in the first seven months of the fiscal year 2020/2021. READ MORE: […]

by Mrs. Anjum Shahnawaz

FBR issues updated rates of duty, taxes on mobile phones

Jan 26

IT & Telecom, Taxation, Top stories

FBR issues updated rates of duty, taxes on mobile phones

ISLAMABAD: The Federal Board of Revenue (FBR) has issued the updated applicable rates of duty and taxes for clearance of mobile phones. The FBR said that following rate of duty and taxes for the clearance of mobile phones shall be applicable during (2021-2022) (with passport applied within 60 days of arrival in Pakistan): READ MORE: […]

by Mrs. Anjum Shahnawaz

Xiaomi joins hands with SELECT for phone production

Nov 1

IT & Telecom

Xiaomi joins hands with SELECT for phone production

KARACHI: Xiaomi, a global consumer electronics and smartphone giant, has decided to manufacture mobile phones in Pakistan. In this connection, Xiaomi has joined hands with Select Technologies (Pvt) Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited (AIRLINK), as its manufacturing partner for Xiaomi mobile phones in Pakistan. “We are targeting a production of […]

by Mrs. Anjum Shahnawaz

Tax rates on usage of phone, internet for 2021-2022

Aug 27

IT & Telecom, Taxation

Tax rates on usage of phone, internet for 2021-2022

The Federal Board of Revenue (FBR) has announced the updated rates of withholding tax on the usage of telephone and internet services for the fiscal year 2021-2022.

by Hamza Shahnawaz

Pakistan produces 12.27mn mobile phones in 7 months

Aug 27

IT & Telecom

Pakistan produces 12.27mn mobile phones in 7 months

ISLAMABAD: The number of locally manufactured mobile phones in Pakistan has surpassed 12 million during seven months (January – July) of 2021. The local manufacturing of mobile phones has crossed the number of imported mobile phones in the same months of 2021. A statement issued by the Pakistan Telecommunication Authority (PTA) on Thursday regarding local […]

by Hamza Shahnawaz

Aug 15

IT & Telecom

Pakistan exports mobile phones to UAE

ISLAMABAD: A consignment of around 5,500 mobile phones carrying tag ‘manufactured in Pakistan’ has been exported the United Arab Emirates (UAE), a statement said. The statement issued by the Pakistan Telecommunication Authority (PTA) said that its authorization holder Inovi Telecom has started exporting smart phones to other countries. The first consignment of 5500 units of […]

by Hamza Shahnawaz

New rates of regulatory duty on imported smart phones

Jul 3

Taxation

New rates of regulatory duty on imported smart phones

ISLAMABAD: Federal Board of Revenue (FBR) has notified new rates of regulatory duty to be imposed on imported mobile phones during. The FBR issued SRO 840(I)/2021 dated June 30, 2021 to notify regulatory duty on 599 tariff lines. Following are the rates of regulatory duty on mobile phone with effect from July 01, 2021: HS […]

by Mrs. Anjum Shahnawaz

FBR to refund excess duty, taxes on mobile phone clearance

May 21

Taxation

FBR to refund excess duty, taxes on mobile phone clearance

ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that it will refund excess duty and taxes collected on mobile phone clearance due to glitches found in the WeBOC. The FBR issued an explanation over excess payment of duty and taxes at the time of clearance of mobile phones. The FBR said that recently, in […]

by Mrs. Anjum Shahnawaz