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Mobilink and Warid merger completion announced

Lahore : VimpelCom, Global Telecom Holding (GTH), together with Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), today announced the completion of the transaction to merge Pakistan Mobile Communications Limited (Mobilink) and Warid Telecom (Warid), creating Pakistan’s next generation digital telecommunications provider. Over 50 million customers in Pakistan will ... Read More »

Banks continue to deduct withholding tax on transaction from filers

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday said some banks continue to deduct withholding tax (WHT) on transaction from filers which is illegal as well as unethical. The attitude of banks amounts to frustrate government’s move to boost revenue through enhanced taxation on transactions. The ... Read More »

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