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Print Print 2024-06-30

Failure to block SIMs of non-filers: Cellular cos face the prospect of heavy penalties

  • The Finance Bill 2024 proposes imposing a penalty of Rs100 million on the first default and Rs200 million for each subsequent default on those who fail to comply with income tax general orders
Published June 30, 2024

ISLAMABAD: The Federal Board of Revenue (FBR) has been bound to issue a notification for the imposition of heavy penalties on mobile phone companies for not blocking SIMs of non-filers of income tax returns.

According to tax experts, the Finance Bill 2024 had proposed to impose a penalty of Rs100 million on the first default, and a Rs200 million penalty for each subsequent default on the person who fails to comply with an income tax general order issued by the Board within 15 days of issuance of such Order.

The amended Bill 2024 has proposed to reduce the said penalties to Rs50 million and Rs100 million, respectively.

Not stopped from blocking SIM cards: FBR only barred from taking coercive steps against telcos: IHC

Further, the amended Bill has also proposed to empower the Board to notify the effective date of such penalty. As such, this proposed penalty shall only be effective once a Notification has been issued by the Board to that effect.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Usman Jun 30, 2024 08:27am
I want to checking banned list
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Usman Jun 30, 2024 10:43am
Thrse companies are aginst national interest.They are supporting tax evaders.we should fine them per day of avoiding to block sims.
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Sohail Jul 01, 2024 12:55pm
FBR good decision. Non tax payers SIM/ CNIC/ Passport should be blocked
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Faiq Jul 01, 2024 08:11pm
Everyone who supports blanket blocks is retarded. Most non-files are poor or nearly poor. Is a labourer not allowed to have a SIM card?
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