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Saturday, April 20, 2024
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TAX free mobile phone top-ups till further notice

TOP NEWS

ISLAMABAD: The cell phone users in Pakistan will continue to enjoy 100 percent tax-free mobile credit till phone companies come up with a tax deduction formula.

This tremendous news was announced on Thursday just three hour before end of the deadline related to tax free top ups. The Supreme Court (SC) demanded cellular firms to find an alternative tax collection mechanism so that public can benefit from the service efficiently.

According to sources, the Federal Board of Revenue and telecommunication companies are likely to hold talks from Monday to set a mechanism on Supreme Court’s orders.

Till then, the consumers will enjoy tax-free mobile credit.

ALSO READ: 100 for 100: No tax deduction on mobile top-up from today

On June 13, the cellphone service providers and FBR were restricted by the apex court for not charging 40% tax on mobile phone top-up cards for two weeks.

 

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