This Post has already been read 438 times.
Collectively, five cellular operators in Pakistan are collecting some Rs. 42 billion per month in the form monthly billing and pre-paid card balance on average that becomes Rs. 504 billion for the year 2010-11. The revenue includes prepaid as well as postpaid billing.
Whereas, it has been observed that all cellular operators are hiding their revenues and evading GST in a massive manner.
In 2003-04, then cellular operators earned Rs. 24.84 million and paid government in terms of GST Rs. 12.1 million which amounts to 44 percent of the total amount collected. It is to be noted that tax rate was 19.5% and the total cellular subscriber base.
The Transparency International Pakistan’s (TIP) advisor Syed Adil Gilani has noted that cellular operators have posted revenues for the year 2010-11 as Rs. 262.76 billion on PTA,s website. He identifies a shortfall of Rs. 241.24 billion in revenue collection thus a million and the GST rate is 19.5%.
You may also like: