Saturday, March 15, 2025
1.5 C
London

FBR Unblocks SIMs for Over 100,000 Taxpayers

FBR has restored mobile SIMs for over 103,000 individuals who have fulfilled their tax obligations. This development comes as part of the tax authority’s ongoing efforts to expand the tax net and improve revenue collection.

Earlier this year, FBR had initiated a controversial measure to block SIMs of individuals who had not filed their income tax returns. The decision was met with resistance from telecom operators, who expressed concerns about the feasibility and impact of the measure. However, after several rounds of discussions, a joint working group comprising representatives from FBR and telecom industry was established to streamline the process.

FBR had initially identified a list of 506,671 non-filers whose SIMs were to be blocked. The gradual implementation of the SIM blocking measure, carried out in phases, aimed to minimize disruptions to the public.

While FBR’s actions have drawn mixed reactions, the tax authority maintains that the measure is crucial for ensuring fair taxation and improving government revenue. By linking SIM card ownership to tax compliance, FBR aims to deter tax evasion and encourage a larger segment of the population to contribute to the national exchequer.

Hot this week

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

CDC Share Registrar Services Introduces WhatsApp E-Voting for Seamless Shareholder Participation

CDC Share Registrar Services Limited (CDCSR), a wholly owned...

SECP to Host InsureImpact Conference Pakistan 2025 to Advance Insurance Sector Digitalization

The Securities and Exchange Commission of Pakistan (SECP) is...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

Topics

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

1LINK Partners with OneNetwork to Facilitate Seamless MTAG Toll Payments on 1BILL Platform

1LINK, Pakistan’s leading payment gateway, has officially integrated OneNetwork...

1LINK Onboards OneNetwork for Effortless MTAG Toll Payments via 1BILL

1LINK (Pvt) Limited, Pakistan’s leading payment gateway, has announced...
spot_img

Related Articles

Popular Categories

spot_imgspot_img