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

SIMPACT 2026 Brings AI to the Forefront of Simulation Education

The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…

1 hour ago

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

3 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 weeks ago