Telecom operators flag technical hurdles in SIM blocking talks with FBR

News Image

MG News | May 07, 2024 at 02:24 PM GMT+05:00

0:00

May 07, 2024 (MLN): Following a meeting today with the Federal Board of Revenue (FBR), the telecom operators refrained from providing assurances regarding the blocking of SIM cards on the back of various technical and operational challenges alongside legal complexities in its execution.

During the discussions, telecom operators emphasized additional hurdles beyond legal considerations that may impede the seamless implementation of the SIM-blocking initiative.

These concerns underscored the intricate nature of the task and the need for comprehensive planning to address technical intricacies and operational logistics effectively.

Another meeting will be organised later to discuss the way forward.

Last week, the FBR mandated that mobile phone connections of non-filers of income tax returns can be terminated anytime.

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 fulfil their tax obligations and contribute to the country's economic development.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 155,384.51
274.67M
0.61%
944.82
ALLSHR 95,133.57
856.28M
0.49%
465.41
KSE30 47,466.99
137.10M
0.74%
347.09
KMI30 227,645.22
99.71M
0.67%
1519.50
KMIALLSHR 63,888.06
353.11M
0.50%
319.01
BKTi 41,761.78
72.20M
0.33%
138.95
OGTi 31,619.14
7.57M
0.41%
130.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 115,220.00 117,240.00
114,940.00
-2045.00
-1.74%
BRENT CRUDE 67.14 67.52
66.78
0.15
0.22%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-1.20
-1.41%
ROTTERDAM COAL MONTHLY 93.00 0.00
0.00
0.05
0.05%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.90 63.24
62.52
0.21
0.34%
SUGAR #11 WORLD 15.90 15.98
15.80
0.11
0.70%

Chart of the Day


Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25


September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25



Top 5 things to watch in this week

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