Pakistan has announced to increase the tax rate on telecom services, a sector that is topping the taxed list, by 5 percent from July 1st, 2013. According to Mr. Ishaq Dar, the Finance Minister, all telecom users will now have to pay 15 percent withholding tax, which was previously settled at 10 percent for last many years. Mr. Dar said […]

Now FBR has decided to reduce sales tax on the import of mobile phones, including smart cellular phones or satellite phones. FBR would amend the SRO 280(I)/2013 following repeated representations of mobile phone industry in this regard. According to the new arrangement, the FBR decided to create three slabs of sales tax for different types of mobile phones. But Another move […]