There will be no tax on SMS and internet but 75 paise will be charged for talking on a mobile phone for more than 5 minutes. Federal Finance Minister Shaukat Tareen said in the National Assembly.
Talking on a mobile phone longer than 5 minutes is taxed |
Islamabad - The government imposed a tax on talking on a mobile phone longer than 5 minutes. Speaking in the National Assembly, Finance Minister Shaukat Tareen said that the government has imposed a tax on talking on a mobile phone for more than five minutes, under which talking on a mobile phone for more than five minutes is taxable. 75 paise tax will be levied but there will be no tax on SMS and internet, tax on special mobiles for the blind has also been withdrawn, the current withholding tax rate on mobile phones has been reduced from 12.5 percent to 10 percent. Withholding tax on mobile services will be gradually reduced to 8%.
Federal Finance Minister Shaukat Tareen, while giving good news to government employees, announced to withdraw 10% tax on the GP fund. He said that the 10% tax levied on the GP fund of government employees has been withdrawn. Bills, dairy products, and special mobile tax for the blind have been withdrawn. In addition, tax exemption has been given on vehicles up to one thousand ccs.
We will meet the revenue target this year and arrest tax evaders. Maybe, taxes on food items have been withdrawn, there will be no tax on flour and related items, while the tax on poultry feed has been reduced from 17 to 10 percent, and the tax on gold and silver has been reduced from 17. 7 and 3 percent and 75 paise tax on calls made on mobile phones for more than 5 minutes. However, the tax on agricultural machinery has been reduced, a new system is being introduced for the sale of agricultural commodities, property practice rates. 35 to 20 percent.
Finance Minister Shaukat Tareen further said that harassment of FBR is a problem for everyone, because of which tax peer does not file returns, in this regard we will form a third party which is a legal structure, we will only audit, tax Talks will be held with Pierre but he will not be arrested. In this regard, the profile of one and a half crore people has been revealed that they are not paying taxes. In this case, the FBR will not go there. They will be spoken to through a third party
Mobile phones are taxed for more than five minutes
There is no tax on the internet and SMS but 75 paise will be taxed for talking
The government has announced the imposition of a tax with minor amendments in the federal budget proposals after withdrawing the announcement to impose a practice of talking on mobile phones for more than three minutes. Be that as it may, this declaration is pretty much as to obscure as the assessments forced in the government spending plan. As indicated by the Ministry of Finance, 75 paisa assessments will currently be required on calls longer than five minutes on cell phones.
Anyway, it was not determined whether the duty would be charged each moment or on the total call Finance Minister Shaukat Tareen said in his location to the spending meeting in the National Assembly that there would be no tax on the internet and SMS. Tax on special mobiles for the blind was also withdrawn Budget 2021-22 had proposed that a tax of Rs 1 would be levied on mobile calls lasting more than 3 minutes however, the bureau dismissed it after which it was declared that mobiles No assessment is being exacted on calls yet the public authority has not stayed faithful to its commitment for long.
Purchasers then again say that the public authority is as of now requiring substantial expenses on cell phone re-energizes or charges comparatively burdens were being collected on each call comparably by forcing hefty assessments on cell phone sets the costs of cell phones in the nation have gone up. I have increased