Breaking: Punjab Government withdraw Taxes Imposed on Internet

A recent news in Lahore confirmed that Punjab Government has decided to withdraw taxes imposed on internet. Taxes withdrawals on internet were declared in today’s budget Speech by Dr Ayesha Ghaus, FINANCE Minister Punjab, in Punjab Assembly. She also added that Punjab government has finalized to not to tax internet in the province.

On 28 May 2015, using an SRO Punjab Government had imposed 19.5% taxes. Taxes were applicable on all kinds of data comprising DSL, 3G, 4G, EVDO, WiMAX, FTTH, etc. from May 29th, 2015. It was scared that other provinces can pursue Punjab by TAXING all kinds of internet, including mobile data.

Punjab’s decision for internet taxing met with great criticism through industry and consumers alike. Stakeholders raised different statements against the taxes and concerned the provincial government of the monetary losses that national economy can face because of internet taxes.

Digital publishers also raised voice against the taxes and blacked out their websites in protest against the said TAXES.

Leading websites including UrduPoint.com, Ilmkidunya.com, Siasat.pk, HamariWeb.com, Comics by Arsalan, The News Tribe, Pak Hungama, NetMag, Pakistan Tech News and dozens of other websites and internet celebrities joined the campaign and kept their home-screens black in protest against internet TAXES. All protesting digital publishers and bloggers declared the quick stoppage of black-out campaign.

CHAIRMAN Pakistan Telecommunication Authority, Dr. Ismail Shah, also rejected the taxes and played a role in convincing Punjab government for taking back the TAXES.

ICT3, a think tank on telecom, through its president Sohaib Sheikh, also played a vital role in raising the concerns of the industry.

Taxes turnaround on internet will act as a catalyst for internet uptake in the country. No need to declare internet users grew 500% during past one year and this development is likely to sustain for at least next three years.

Punjab decision to take back the internet taxes will discourage any future efforts from federal and other provincial governments for taking the internet.

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Punjab Planning for Internet Taxes can Cause National Economy Up to Rs. 200 Billion in Losses

It is accepted at wide level that broadband services and infrastructure give to economic growth and job creation. As a result, several governments have done the development and usage of broadband services a policy priority. There are different researches to proof that 10% increase in internet diffusion can boost a country’s GDP from 0.1 to 1.5 percent, with best level influences found in developing market like Pakistan.

Last year in April 2014, Broadband subscription in Pakistan reached to 3.4 million before the auction of 3G/4G licenses, and now with-in one year of 3G/4G services we have 15 million 3G users. It means a whooping 15 million enhancement in broadband subscription either 8.33% saturation in the country. Therefore it can be drived that Pakistan’s GDP did growth around 1 to 1.4% during the previous year.

According to PLUM Research titled “Economic and Social Benefits of 3G in Pakistan”, Pakistan would be adding Rs. 40 billion to its economy due to this increase in internet penetration during first year of auction. Multiple effects could add another Rs. 1,000 billion to the economy in next five years.

This research can be finding in Google with keyword “Plum Economic and Social Benefits of 3G in Pakistan”. One can move on and study it to get info as how broadband penetration can support Pakistani economy. According another update Punjab will avail 2-3 billion through taxes against several billions in potential because of slowness in 3G/4G uptake.

On the other hand with recently declared taxes on internet, it is predicted that this uptake in Broadband subscription will thrust by 20-25%. This slowness will be caused due to increased data rates plus sluggish network roll-outs and future investment in technology up-gradation from cellular operators. According to an estimate it will take the economic lose till Rs. 200 billion (20 percent of Rs. 1,000 billion gain as proven above) due to these taxes.

Additionally this is just not the money, it is the job— over 900,000 of them that Anusha promised at the time of auction while citing the same PLUM research — a lot of e-health, e-education, e-banking, e-farming and other development projects that we won’t be able to do just due to taxes.

To enhance the user interest currently the Pakistan users profits is rotating around or less than Rs. 26 billion per year. However, Punjab already has 56% of cellular subscribers, total tax collection from data services (at 19.5%) isn’t going to cross Rs. 2.5 billion per year. Another billion or two from fixed segment and other forms of internet (WiMAX, EVDO, FTTH etc.)

PITB, Moving Towards a Classy Future

Training will be evolving. The particular 21st hundred years delivered by using it rapid growth in neuro-scientific I.T; for a degree that will engineering right now is going together along with modern-day knowledge across the world. You’ll find plenty of methods, they have built knowledge greater; not merely for students nevertheless for institutions delivering this also.
While a new decide on number of colleges have wholeheartedly embraced information technology; along with included this into their knowledge technique, there may be nevertheless a great deal for being carried out for a a lot more grass actual levels if we’d like your knowledge to get optimum gain in the current day THE IDEA. We need IT-based knowledge for you to safe future decades along with make them endure make for you to make along with students in the formulated countries in the world.
Pakistan, as a creating nation, remains in an evolutionary period. Over the last several years the actual ownership of computer has catapulted; with all the consequence there’s zero residence or academic association or possibly a departmental keep and not using a computer system to take care of almost all of the work. Regardless of this as an incredibly stimulating advancement, there may be place for extra.
Even though it has witnessed popular ownership in the United Kingdom, the necessity in the hour is perfect for government entities for you to intensify along with make it a priority. Thus, many of us at Punjab Information technology (PITB) Table have constantly regarded as Information technology for being the real key to your progression at a creating nation in a formulated along with modern-day a single.
Most of us try to develop the actual limits of computer via merely the actual high level colleges along with educational institutions to your unique government educational institutions, exactly where many of us prefer to incorporate this inside the course for not merely the actual students nevertheless the teachers also.
Punjab Information technology Board’s (PITB) initial projects include things like huge tasks just like the Information technology College or university, e-Learn plus it Education Academy.
Information Technology College or university occurs below Punjab Federal government. It’s regarded as among the best institutes inside the province for your THE IDEA knowledge. With the university we have now top THE IDEA authorities seeing that college people. Individuals are now being furnished high quality knowledge inside the discipline below the instruction.
e-Learn will be yet another task simply by Punjab Information technology Table through which Punjab Federal government will be focusing on the internet references for Midsection along with Supplementary Educational institutions. Individuals may, by way of this particular project, have availability towards the books on the internet; inside the convenience of the households given that they’ve a good net connection.
Your third task will be only for experts. Using the IDEA Education Academy, Punjab Information technology Table goals to deliver instruction along with instruction of computer for you to experts. With just about all top career possibilities in the world currently being exceedingly dependent onto it like an ability, the necessity for this kind of instruction ability seemed to be experienced simply by your Table along with considered owing attention connected with. The particular THE IDEA Education Academy gives packages along with accreditation programs inside several areas of the actual discipline connected with Information technology at sponsored costs to give factors the skill-sets along with knowledge to get a new aggressive gain within their workplace. This will additionally assist encourage the actual way of life connected with entrepreneurship along with create a lot more knowledgeable labor force inside the province. These kind of trainings will probably be specifically very the raputic for Graduates, THE IDEA Individuals & School, Pros along with Federal government Representatives.
They have become second dynamics towards the formulated world; it really is about time Pakistan brings together the actual set of countries adopting THE IDEA wholeheartedly also. With these initial along with just about all future tasks many of us prefer to increase attention about Information technology for a grass actual levels; making sure that at some point It could be accessible for you to the majority of the inhabitant’s individual’s nation.

Punjab Board of Revenue introduced e-stamp paper in Pakistan

For facilitating the citizens online, the Punjab Board of Revenue has decided to introduce an e-stamp paper in Pakistan. This step promises to wipe up the bogus and fraud stamp papers that were common earlier and it has resulted in a great loss of rupees. Following below is mentioned that how the e-Stamp process will work:

If any person wants to shop for a high-value non-judicial stamp; he will be only asked for an online connection to access the system online. The knowledge required regarding entering is not too much. In fact, it could happen within the system of ongoing, like the names of the customer, the seller and therefore the person from whom you are going to buy the stamps. You will be only able to purchase it with the help of your CNIC.

Your entered CNIC information will verify online through the NADRA database in real-time. After completing the verification step, a challan form 32-A will generate that will support the provided data.

The stamp paper buyer with the issued challan form 32-A is asked to take to the closest branch of Bank of Punjab or National Banker at any dedicated bank counters established within the offices: sub-registrars. As soon as the stamp tax fee will be paid, the bank will print on specific legal-size paper especially designed and handover the stamp paper. After all these agreements, the stamp paper is going to be submitted to the housing society/ sub-registrar or authority/land developers.