• About
  • Advertise
  • Contact
Tuesday, July 5, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Rs5 Billion tax paid for Mobile Devices by Emigrants

bySidra Butt
February 25, 2021
in Business, Main, Mobiles, New
Reading Time: 2 mins read
0
Mobile Phone Taxes
112
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Emigrants paid Rs 5 billion tax in the 7 months of the fiscal year 2021 for mobile phones. According to statistics the Federal Board of Revenue [FBR] had accumulated around Rs 4.99 billion of the imports of Mobile devices Identification Registration and Blocking System [DIRB] in just the first seven months of 2021’s fiscal year which is said to be 34.47 percent higher prior to 2020. 

As stated under the baggage rules 2006, the government had been aloof in terms of regrading to the facility off duty-free mobile devices since July 1, 2019. According to Pakistan Telecommunication Authority [PTA] any non-duty paid or smuggled phone will not be used in Pakistan without the payment of taxes and registration.

RelatedPosts

Govt asked to shun cars over 1000cc

ML-1 cost increases to $9.8 billion

PKR depreciates by Rs2.38 in interbank

Due to the increase in the revenues from mobile phone imports the Pakistan customs and the PTA have jointly formulated the introduction of DIRB’s to fully eliminate the use of smuggled devices in Pakistan.

Therefore the mobile devices brought by tourists dropped to 0.727 million between July of 2020 to Jan 2021. As opposed to 1.033 million device sets imported in the last year.

The high imported value and the local manufacturing of mobile phones sets led to a decrease in mobile phone imports. However commercially there is a clear policy for mobile phone imports, 27.167 million mobile phones were imported during the seven months this year as opposed to 12.642 million mobile devices since the last year showing a 115 percent increase.

Tags: DIRBFBRMobile ApplicationMobile DevicesPTARs5billionTaxes
Sidra Butt

Sidra Butt

Related Posts

Govt asked to shun cars over 1000cc

Govt asked to shun cars over 1000cc

As the country faces serious economic and energy crises, traders have called upon the government to ban the import and...

ML-1 cost soars to $9.8b

ML-1 cost increases to $9.8 billion

On Monday, the Senate Standing Committee on Railways was informed that the cost of upgrading Karachi to Peshawar Main Line-1...

Next Post
Cotton Cotton Field.

Cotton - Sudden Inflation By Rs11,700

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

British High Commissioner Christian Turner meets Imran Khan

British High Commissioner Christian Turner meets Imran Khan

Govt asked to shun cars over 1000cc

Govt asked to shun cars over 1000cc

ML-1 cost soars to $9.8b

ML-1 cost increases to $9.8 billion

PKR depreciates by Rs2.38 in interbank

PKR depreciates by Rs2.38 in interbank

Pakistan’s microfinance institution launches term finance certificates of $4.9 million

Pakistan’s microfinance institution launches term finance certificates of $4.9 million

Indian Airline plane makes ‘emergency landing’ in Karachi

Indian Airline plane makes ‘emergency landing’ in Karachi

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In