Pakistan Revenue
ISLAMABAD: Pakistan has spent Rs217 billion on import of mobile phones during fiscal year 2019/2020 amid slow economy and outbreak of coronavirus pandemic. The import of mobile phones was Rs217 billion during fiscal year 2019/2020 as compared with Rs102.75 billion in the preceding fiscal year, showing 81 percent growth, according to data released by Pakistan […]
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ISLAMABAD: Pakistan has spent over Rs179 billion for import of mobile phones during July – May 2019/2020, which is 90 percent higher than the same period of the last fiscal year. According to Pakistan Bureau of Statistics (PBS), the country imported mobile phones worth Rs179 billion during first eleven months of the current fiscal year, […]
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KARACHI: Pakistanis have spent Rs18.2 billion for import of mobile phones in March 2020 despite the reality of business halt after lockdown to contain coronavirus. According to data released by Pakistan Bureau of Statistics (PBS), the import of mobile phones was at Rs18.2 billion in March 2020 as compared with Rs16.13 billion worth mobile phones […]
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ISLAMABAD: The collection of withholding tax from phone subscribers registered a phenomenal increase of 630 percent to Rs27 billion during first half of the current fiscal year, according to data made available to PkRevenue.com The sources in Federal Board of Revenue (FBR) told that the restoration of withholding tax on phone usage by the Supreme […]
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ISLAMABAD: The Committee on Issues of Cellular Mobile Operators has agreed to prepare proposals for withdrawal of withholding tax as a relief for cellular consumers in the wake of coronavirus outbreak. First meeting of the Committee on Issues of Cellular Mobile Operators was held here on Monday. Federal Secretary Ministry of IT Shoaib Ahmad Siddiqui […]
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ISLAMABAD: The Model Customs Collectorate (MCC) Preventive Peshawar has announced auction of vehicles and mobile phones to be held on March 09, 2020. Following vehicles to be auctioned at State Warehouse Peshawar: Mercedes Benz (Bullet Proof) Model 1982, Chassis No. WDB-12603312037551 Toyota Hilux Pick Up Model 2007, Chassis No. MROCS12G400043443 Toyota Land Cruiser Model 2004, […]
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KARACHI: The import of mobile phones has surged by 79.46 percent during first seven months (July – January) of current fiscal year owing to reduction in tax rate by the government to promote digital economy. The import of mobile phones increased to $760.58 million during first seven months of current fiscal year as compared with […]
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KARACHI: Pakistan has imported mobile phones worth Rs96.33 billion, showing an increase of 106 percent during first half (July – December) of 2019/2020. According to data released by Pakistan Bureau of Statistics (PBS), the import of mobile phones increased to Rs96.33 billion during first half of current fiscal year as compared with Rs46.82 billion in […]
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In a significant move towards fostering the digital landscape and supporting local smartphone manufacturing, the Federal Board of Revenue (FBR) announced on Thursday a drastic reduction in taxes on imported smartphones.
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ISLAMABAD: The government has massively reduced sales tax on imported mobile phone valuing up to $100 to Rs200 from Rs1,320 through amendment to Sales Tax Act, 1990 through Tax Laws (Second Amendment) Ordinance, 2019. The FBR notified the revised rates of sales tax on imported mobile phones. The amendment has been made to Ninth Schedule […]
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