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Top News

SC suspends all taxes on mobile cards

The Chief Justice of Pakistan (CJP) Mian Saqib Nisar suspended on Monday all kinds of tax collection on mobile card
Published June 11, 2018 Updated June 11, 2018 10:31am

The Chief Justice of Pakistan (CJP) Mian Saqib Nisar suspended on Monday all kinds of tax collection on mobile cards.

Earlier in May, the CJP had taken a sou motu notice on high levy on mobile cards in the country, as he asked under which law Rs40 were being deducted from Rs100 mobile cards, according to local media reports.

In a sou motu case hearing, headed by three-member bench in Lahore registry of apex court, Justice Nisar has ordered all telecom operators to suspend all sorts of taxes and service charges on mobile cards from 12 am of June 13th.

The recent development means, that Rs 100 will be available in full for airtime when a Rs 100 card will be loaded by telecom users.

Prior to this development, mobile users were paying almost 42 percent tax on balance cards, which included 19.5pc Federal Excise Duty (FED), 12.5pc With Holding Tax (WHT) and 10pc service/ maintenance charges.

Copyright Business Recorder, 2018
 

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