In the Senate Finance Committee meeting, telecom officials said that in future, like electricity, there will be load shedding of phone calls. The import advance tax on fiber optics has been reduced from 15% to 8%.
Telecom officials said that equipment of the telecom industry has been declared a luxury and import duty has also been increased to 20%. It has become difficult for us to import fiber optics from outside.
Representatives of Telecom said that fiber has been used on only 10% of the towers in Pakistan and if fiber optics were not laid then people would not be able to use ATMs.
He recommended a reduction in taxes on the import of fiber optics from the Senate Finance Committee and said that after further austerity we would be left behind in the world.