Taxing cellphones
The imposition of an 18% sales tax on mobile phones is proving to be a self-defeating strategy. October's market numbers show this clearly as local assembly plunged 34% year-on-year to 2.33 million units from 3.53 million, and production was down 23% from September. The message should be unmistakable for policymakers -— when consumer affordability is strangled, industrial progress stalls.
Pakistan has spent years nurturing its local mobile manufacturing sector. The Device........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Waka Ikeda
Daniel Orenstein
Grant Arthur Gochin
Beth Kuhel