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Sunday May 22, 2022

15% WHT to be deducted from mobile phone top-ups: sources

A Rs100 recharge will now yield an account balance of Rs86.09

By Web Desk
January 18, 2022
— AFP/File
— AFP/File

The government will be charging every mobile phone service user a 15% withholding tax when they top up their credit, sources within the finance ministry told Geo News on Tuesday.

According to the sources, a Rs100 recharge will now yield an account balance of Rs86.09.

The federal government will receive taxes of more than Rs43 billion this way, the sources said.