Tag: upward

Cell phones, SIMs taxes revised upward

| | No Comments

article image STAFF REPORT IBD: The Federal Board of Revenue (FBR) has slapped tax on mobile phone and SIM which will fetch Rs. 150 on a phone having camera on front and rear side and a screen size of up to 4.2 inches or processor power less than 2 GHz.According to a notification issued by FBR, Rs. 500 tax would be imposed on the phone having a camera of 10 megapixels or higher, a touchscreen larger than 4.2 inches, and a dual-core processor.It also explained that BlackBerrys and phones running iOS, Android 2…Read More