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).
Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…
To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…
KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…
Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…
The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking…
Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge,…
This website uses cookies.
