PTA reviews FBR's move to block mobile connections of non-filers

News Image

MG News | May 02, 2024 at 03:12 PM GMT+05:00

0:00

May 02, 2024 (MLN): Pakistan Telecommunication Authority (PTA) announced today that it is currently deliberating on the decision made by the Federal Board of Revenue (FBR) to terminate the mobile phone connections of non-filers.

The authority further informed that it is engaged with cellular mobile operators and concerned stakeholders on this matter.

"Our foremost objective is to uphold compliance within the regulatory framework and relevant legal provisions while safeguarding the interests of telecom consumers," it added.

On Tuesday, FBR issued an Income Tax General Order (ITGO) in respect of individuals who do not appear on the active taxpayer list but are obligated to file Income Tax Returns for the Tax Year 2023.

Under the authority vested by section 114B of the Income Tax Ordinance, 2001, FBR has taken decisive action by issuing an order to disable mobile phone SIMs associated with 506,671 individuals who fall under the aforementioned category.

These measures are aimed at encouraging individuals to fulfill their tax obligations and contribute to the country's economic development.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,805.00 119,740.00
116,460.00
-490.00
-0.41%
BRENT CRUDE 73.47 73.63
71.75
0.96
1.32%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.30 70.51
68.45
1.09
1.57%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg