GSMA Assesses Telecom Tax Cuts for Pakistan's Digital Economy Boost

The Global System for Mobile Communications (GSMA) is conducting an evidence-based assessment on cutting telecom taxes, including on low-cost smartphones, to spur broadband adoption and expand Pakistan's digital economy. The study seeks to show how initial revenue losses could be recovered through higher smartphone penetration and an expanded tax base, crucial amidst IMF commitments. It highlights that a 10% rise in broadband penetration can boost GDP by 1-2%, and digital transformation can enhance tax collection. Such reforms, if successful, could strengthen Pakistan's economy and tax base, potentially contributing to PKR stability and influencing local gold rates.

بحوالہ / Source: www.brecorder.com