ISLAMABAD – Three different taxes on cell phones have been clubbed intoone, FBR has revealed.
A combined tax will be imposed on import of mobile phone sets,” the FBRofficials said in a press briefing regarding imposition of taxes under thethird finance bill.
The FBR officials said Rs400 tax will be imposed on cell phone worthRs10,000; Rs4,000 tax will be imposed on phone set worth 28,000; Rs6,000will be imposed on phone set worth Rs60,000; Rs8,000 on phone set worthRs105,000; Rs23,000 on mobile phone worth Rs150,000; and Rs41,000 on phoneset worth more than Rs150,000.
However, the FBR said, no tax will be charged on prepaid mobile phonecards, which meant that the customer will get Rs100 balance on Rs100 top-up.
Announcing the removal of ban on non-filers to purchase cars above 1300cc,the FBR said they could now buy cars above 1300cc but with an increased tax.
The officials told that tax had been increased on non-filer’s buying avehicle. They said tax on different cc vehicles had been raised fornon-filers by Rs5,000 to Rs150,000.
“5 percent duty on import of newsprint abolished. Refund bond will bereleased in sales tax, while 10 percent profit on bond will be given up tothree years. Fixed tax will be imposed to bring non-filers into tax net andthe fixed tax will be imposed after consultation with traders,” said theFBR.
The board of revenue officials said those banks who gave loans for buyingcheap houses, establishing small businesses and agriculture purpose wouldbe given relief.
Withholding tax on remittances will be abolished and filers will be giventax relief for withdrawing money from banks. Withholding tax will beincreased for non-filers by 50 percent, they added.
Overseas Pakistanis will be able to buy houses and vehicles oninternational passport, the board of revenue said.