ISLAMABAD: The two telecom companies have agreed to pay outstanding taxes totalling Rs26 billion to the Federal Board of Revenue (FBR) instead of pursuing further litigation after losing a case in the Islamabad High Court (IHC).

The Large Taxpayer Office (LTO) Islamabad had decided to attach the bank accounts of the two telecoms before they could file an appeal against the court decision. The LTO remained operational on Saturday for the purpose of attaching the bank accounts of Telenor Pakistan and Deodar Pakistan, a subsidiary of Jazz.

Following the promulgation of Tax Laws (Amendment) Ordinance 2025, the FBR has started recovery proceedings and enforcement measures.

The FBR officials were preparing for a forceful recovery of taxes through the attachment of bank accounts of these two companies falling under the jurisdiction of the LTO Islamabad, as the head offices of both companies are situated in the........

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