January 27, 2021

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New tax proposed on mobile cards and new vehicles for Radio – Alfalah Securities Limited

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Karachi: National Assembly Standing Committee on Information and Broadcasting on Thursday recommended 2% tax on mobile cards and PKR 40,000 to 50,000 on the purchase of a new vehicle as [...]

Karachi: National Assembly Standing Committee on Information and Broadcasting on Thursday recommended 2% tax on mobile cards and PKR 40,000 to 50,000 on the purchase of a new vehicle as a licence fee for the radio.

According to Alfalah Securities Limited, the proposal if approved would adversely affect the car sales and the cellular consumption while it would also lead to heat up inflation.

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