Yesterday we reported that the cabinet has approved the mini budget, which will take up to 30% tax on mobile balance. After that, users will receive a balance of Rs. 70 when loading a card of 100 rupees.
But the governmenthas refuted all the news regarding the re-imposition of the tax on the mobilebalance load.
Thegovernment sources have been told that the decision to re-enforce tax on mobilephone cards has been revoked. Due to the end of the tax, the government hassuffered a loss of upto Rs 1 billion. The federal government is up to Rs 45billion while the provincial government faces loss of upto Rs 55 billion.
However,yet the tax will not be re-enforced. The tax re-enforcement case will beconsidered again in June 2019.
It isimportant to mention that the supreme court of Pakistan has terminated the taxin June 2019 on the mobile card loads. A three-member bench headed by JusticeSaqib Nisar heard the case of self-notice against the tax deduction on mobilephone cards in the Supreme Court Lahore Registry.
Supreme Court had maintained that taxes on telecom services should only be deducted from those who come within the tax net.
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