TechLahore

Musings on technology, startups and software

Entries Tagged ‘Abdullah Riar’

Is the GST on PCs necessary to retain our Forex reserves?

Apr.29, 2008 in Economy, Hardware Industry

The IT industry in Pakistan was pretty miffed about the 15% GST imposition that was part of the previous budget, and talk of having it removed picked up the volume right after the budget was passed. Then, during the caretaker government’s tenure, Abdullah Riar, the then IT minister, promised that the GST would be lifted. [...]

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Government to remove 15% GST on IT equipment in the next budget

Jan.16, 2008 in Economy, Hardware Industry, Law and Policy

Since this sales tax was imposed last year, the general IT industry in Pakistan, local PC/Server manufacturers and IT retailers, have strongly advocated its removal. The 15% General Sales Tax, or GST, is currently applicable to all IT purchases. Critics of the tax argue that it is too soon to impose any inhibitors on the growth of [...]

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