The mini budget will restore 30 per cent tax on mobile cards.
Lahore (Pakistan Point News – 23rd January, 2018) The Federal cabinet has approved imposing 30 per cent tax on mobile cards.
The federal cabinet has approved restoring the tax in mini budget presented on Wednesday.
The mini budget will restore 30 per cent tax on mobile cards.
With the restoration of tax, the subscribers will now get Rs 70 on a recharge of Rs 100.
The Supreme Court had on June 11, 2018 suspended recovery of withholding tax, excise duty and service charges on mobile-phone recharge.
On the charge of a Rs100 prepaid mobile card, a 19.5% federal excise duty was charged along with 12.5% withholding tax and 10% service/maintenance charge.
The three-member bench, headed by former Chief Justice Mian Saqib Nisar, had passed the orders while hearing suo motu notice over deduction of high tax/other charges by mobile companies in Pakistan.
