{"id":39576,"date":"2024-06-13T14:30:00","date_gmt":"2024-06-13T09:30:00","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=39576"},"modified":"2024-06-13T14:30:00","modified_gmt":"2024-06-13T09:30:00","slug":"budget-2024-25-govt-to-increase-tax-on-rs-100-mobile-phone-recharge","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/budget-2024-25\/budget-2024-25-govt-to-increase-tax-on-rs-100-mobile-phone-recharge\/","title":{"rendered":"Budget 2024-25: Govt to increase tax on RS 100 mobile phone recharge"},"content":{"rendered":"<p>ISLAMABAD: The government has proposed a series of punitive measures\u00a0in the\u00a0annual <a href=\"https:\/\/dailyausaf.com\/en\/business\/budget-2024-25-massive-hike-in-salaries-for-punjab-govt-employees\/\">budget<\/a> for FY2024-25\u00a0to punish individuals and businesses who do not file income tax returns, including the possibility of being barred from foreign travel.<\/p>\n<p>The minister proposed the imposition of a 75 percent tax on mobile balance recharge by non-filers, a move that aims at encouraging people to become taxpayers.<\/p>\n<p>The proposal suggests that the government intends to deduct Rs75 in taxes from each prepaid recharge of Rs100. This means that a non-filer user of prepaid SIM cards will receive only Rs25 out of a Rs100 recharge.<\/p>\n<p>The country&#8217;s financial czar presented recommended revisions, describing income tax reform as urgent. Muhammad Aurangzeb noted the Federal Board of Revenue&#8217;s (FBR) recent adoption of income tax reforms and advocated keeping the income tax exemption for incomes up to Rs 600,000 per year.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The government has proposed a series of punitive measures\u00a0in the\u00a0annual budget for FY2024-25\u00a0to punish individuals and businesses who do not file income tax returns, including the possibility of being barred from foreign travel. The minister proposed the imposition of a 75 percent tax on mobile balance recharge by non-filers, a move that aims at [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":39579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18476,4],"tags":[10662,16180,18470,18553],"class_list":["post-39576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budget-2024-25","category-business","tag-non-filers","tag-budget-2024-25","tag-budget-2024-25-tax-increase","tag-govt-to-increase-tax-on-rs-100-mobile-phone-recharge"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/39576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=39576"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/39576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/39579"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=39576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=39576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=39576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}