Advertisement
Categories: BusinessNews

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.

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
News Desk

Recent Posts

Trump Cites Five Jets Downed in India-Pakistan Clash, Credits U.S. with Preventing Nuclear Crisis

U.S. President Donald Trump said up to five fighter jets were brought down during the…

2 days ago

Spotify Spotlights Pakistan’s Breakout Star Afusic as the RADAR Artist for Q3

Spotify's RADAR Pakistan returns this quarter, spotlighting Afusic as its latest featured artist. Afusic is…

2 days ago

OICCI Statement on the Recent Loss of Lives Due to Flooding and Extreme Weather Events in Pakistan

The Overseas Investors Chamber of Commerce and Industry (OICCI) is deeply saddened by the tragic…

2 days ago

Stopover in Dubai: what to do, where to eat and where to stay

If you’re planning a Dubai getaway that’s got a little bit of everything, world-class shopping,…

2 days ago

TCF Launches Baghbaan Internship 2025 with Overwhelming Youth Response Nationwide

The Citizens Foundation (TCF), a leading non-profit organisation dedicated to education in Pakistan, has launched…

2 days ago

inDrive Launches Premium Rides to Meet Growing Demand for High-End Travel

inDrive, the country’s largest mobility platform, has launched Premium-category Rides in major cities across Pakistan,…

2 days ago