On Wednesday, the PML-N led alliance government proposed increased mobile phone call rates for non-filers in the federal budget presented by Finance Minister Muhammad Aurangzeb. This measure aims to broaden the tax net by implementing stricter policies.
Proposed Tax on Mobile Phone Call Rates
The government has proposed a 75 percent tax on call rates for non-filers, which would significantly increase the cost of phone calls for these individuals. This proposal, if approved, will take effect from July 2024. Additionally, the tax on call rates will be increased for non-active taxpayers.
Other Tax Increases and Budget Highlights
The budget also includes a 33 percent hike in the levy on petrol and diesel. Furthermore, the minister proposed an 18 percent sales tax on mobile phones and increased import duties on luxury cars and certain goods.
Budget 2024-25 Overview
The Rs18 trillion budget focuses on economic revival and includes a 101 percent increase in the development budget, prioritizing ongoing projects. This substantial increase reflects the government’s commitment to economic development and fiscal consolidation.
