tax Archives - viralnom

The Pakistan Telecommunication Authority (PTA) is expected to decrease the mobile tax imposed on consumers. This move comes as part of the government's ongoing efforts to promote digital inclusion and enhance affordability for the masses. The current mobile tax structure has been a matter of concern for consumers and industry stakeholders alike. It imposes a substantial burden on mobile phone users. However, sources within the PTA indicate that discussions are underway to revise the tax rates. The aim is to create a more favorable environment for consumers while still ensuring sustainable revenue for the government. If the authorities implement the tax reduction, people expect it will lead to a significant decrease in the overall cost of mobile phones. This would make them more acce...

Due to a 17 percent tax on raw material per piece, 40 life savings medicines are short in the market. PPMA is seeking help from Federal Government. Consumption of all raw materials caused this drastic drugs shortage in the country. Pakistan Pharmaceuticals Manufacturing Association (PPMA) Chairman Qazi Mansoor Dilawar warns the Government about the upcoming drastic drugs shortage. Recently government imposed a 17 percent tax on raw materials in the recent budget. Moreover, The worst thing is the tax is implemented per piece, not on the entire quota. That makes the whole situation more complex and alarming. As a consequence, the country is about to witness its worst drug shortage. Since the industry already used all the stored raw material. With the new tax, prices are skyrocketing...

Tag: tax

PTA mobiles tax likely to decrease soon

Lives at major risk in Pakistan due to drugs shortage