Pakistan In Focus - ECONOMIC TIMES OF PAKISTAN - NTC seeks exemption from 8pc turnover tax.

National Telecommunication Corporation (NTC) has approached the government, seeking exemption from 8percent minimum tax on turnover.

The Ministry of Information Technology and Telecommunication, in its request, informed the government that NTC was established under Section 41 of the Pakistan Telecommunication Re-Organisation Act 1996 in order to provide telecommunication services to the armed forces, defence projects, federal government, provincial governments or any other government agency or institution as the federal government may determine.

Initially, in accordance with...