Punjab government withdraws tax on mobile Internet services

LAHORE (92 News) – Chief Minister Shahbaz Sharif has withdrawn the tax on mobile Internet services. The approval was granted in a high-level meeting, which was attended by the officers of the Finance and Revenue departments and the Punjab Information Technology Board. The tax amounting to Rs 19.5 percent was imposed in the current budget. The PITB office-bearers had appealed to abolish the tax for the promotion of the technology. The Finance and Revenue departments had opposed the tax, saying that the province would suffer a loss of Rs five billion.