Punjab government has withdrawn its taxes on internet according to reliable resources in Lahore. The Withdrawal was announced by Dr. Aysha Ghaus in today’s budget speech. Punjab Govt levied 19.5% taxes May 28th, 2015 through an SRO. Taxes were applicable on all sorts of data usage including DSL, 3G, 4G, EVDO, WiMAX, FTTH, etc. from May 29th, 2015.

Punjab Govt: Internet will be no more taxed

It was feared that other provinces might follow the same practice which would cause a direct downfall to this emerging market in Pakistan. Therefore, stakeholders raised voice against the taxes and cautioned the provincial government of the monetary losses that national economy could face due to internet taxes.

The internet user has grew 500 percent over the past one year that this growth is likely to sustain for at least next three years. Punjab Govt decision will discourage future Federal or provincial governments to levy tax on internet in future and help internet market grow.