A Chinese mobile phone service company has partially paid the fee for renewal of its telecom spectrum licence, helping narrow the financing gap for the government.
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PTA spokesperson
It was the third cellular firm which paid partial fee for the renewal of licence in the ongoing fiscal year, he said.
PTA had given it the choice to either pay the fee in Pakistani rupees or in US dollars for renewing the licence for 15 years. Earlier, Jazz paid the fee in local currency while
'Recent deposits from cellular mobile operators in licence renewal fee to the tune of more than
This non-tax revenue will slightly reduce the financing gap and help the government narrow the fiscal deficit.
Earlier, the government estimated non-tax revenue collection at
The Pakistan Tehreek-e-Insaf (PTI) government faced a shortfall of
Cellular firms paid the partial fee as they fought a case against PTA in court about what should be the total licence renewal fee. Each of them has offered to pay
© Pakistan Press International, source