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HomePakistanDecision to deduct Rs 90 out of 100 tax on mobile balance...

Decision to deduct Rs 90 out of 100 tax on mobile balance of non-filers

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Decision to deduct Rs 90 out of 100 tax on mobile balance of non-filers

Ninety percent additional withholding tax will be imposed on non-filers.

Islamabad: The Federal Board of Revenue (FBR) has decided to impose additional withholding tax of 90% instead of 25% on more than 570,000 non-filers.

According to the sources, through the recent Income Tax General Order, the lists of more than 570,000 non-filers have been issued, on whom 90% additional withholding tax will be imposed till the submission of income tax returns.

Ninety percent withholding tax will be deducted from the balance loaded by prepaid and postpaid non-filers through automated system and submitted to FBR. If a user loads a balance of Rs 100, then Rs 90 will go to FBR.

If the mobile phone companies block the SIMs of these non-filers, even if they do not submit income tax returns, then if they use another mobile phone SIM, they will have to pay additional tax of 90%. .

Additional tax will be applied on each load of non-filers, additional tax will also be applied on mobile and data load. The data to block SIMs of non-filers has already been handed over to PTAs and telecom companies.

So far more than eleven and a half thousand non-filers’ SIMs have been blocked

A few days are left for the telecom operators to block the SIMs of more than 570,000 non-filers.

More than eleven and a half thousand non-filers SIMs block

Telecom companies have so far blocked the SIMs of more than eleven and a half thousand non-filers while sending warning messages to 15 thousand non-filers to block SIMs.

According to sources, a telecom company has not blocked the SIMs of non-filers and has indicated to approach the court against the Income Tax General Order.

The remaining three telecom companies have submitted compliance reports to the FBR. FBR has sought details of Willie Sims called from telecom companies.

Sources say that if the non-filers are not banned by May 15, FBR will take action against these companies.

For more updates and exciting news, you can visit the ABC Express website.

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