Govt extracts Rs100bn more from telecom sector.

ISLAMABAD -- The consumers of telecom and internet services paid Rs100 billion more in duties and levies during the fiscal year ending on June 30, 2022, as the PMLN-led coalition government increased the tax rates soon after coming to power in April 2022.

Overall the telecom sector contributed Rs325.2bn to the national exchequer in 2021-22 compared to Rs225.8bn in the preceding fiscal year.

The number of new data users rose by over 16pc to 118.76 million from 102m in FY21, showed the Annual Report 2022 released by the Pakistan Telecommunication Authority (PTA) on Tuesday.

The telecom sector invested a total of $2.07bn and paid Rs222.7bn in taxes and Rs102.5bn in Next Generation Mobile Services (NGMS) auction and licence renewals.

The report also highlighted encouraging telecom statistics and expanding the usage of telecom services across Pakistan. The PTA has said despite a challenging year marked by rising inflationary pressures and profitability concerns, the telecom sector performed well due to a progressive and enabling regulatory environment.

For the first time in the country's history, the import volume of mobile handsets registered a decline as most of the local demand was met through indigenously manufactured products. Pakistan manufactured 41.35 million mobile handsets but the share of smartphones was not even half of it at 17.3m sets from January 2021 to September 2022.

The local mobile sets manufacturing has resulted in the...

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