-Advertisement-

Senate Committee Rejects 18% Sales Tax on Mobile Phones Under $200

- Advertisement -

The Senate Standing Committee has dismissed a proposal to impose an 18 percent sales tax on mobile phones priced up to $200.

The decision came during a meeting chaired by Saleem Mandviwalla. The committee members unanimously opposed the tax increase.

- Advertisement -

Mobile phone is not a luxury item, imposing tax will make phones expensive,” stated Anusha Rahman, a committee member, during the meeting.

Rahman highlighted that the IMF’s conditions have disproportionately burdened the poor. “There are taxes on phones for the poor, taxes on calls, and taxes on charging,” she emphasized.

She also pointed out that investors are leaving the country due to the actions of the Federal Board of Revenue (FBR).

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Islamabad - Pakistan's leading digital microfinance bank, Mobilink Bank,...

LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

Lucky Investments Limited ("Lucky Investments"), one of Pakistan's fastest-growing...

Supernet Technologies Enters Next Phase of Growth; Board Approves Rs915 Million Rights Issue

Supernet Technologies Limited (PSX: STL) has announced that its...

Meezan Bank Partners with LUMS to Advance Islamic Finance Education in Pakistan

Meezan Bank, Pakistan’s leading Islamic bank and one of...
-Advertisement-