ISLAMABAD: A parliamentary committee on Tuesday directed the Federal Board of Revenue (FBR) and Pakistan Telecommunication Authority (PTA) to prepare a report on tax rates for mobile phones, covering policy options, economic impact, international comparisons, and proposed revisions.

The directive came from the National Assembly Standing Committee on Finance and Revenue, chaired by MNA Naveed Qamar, who expressed displeasure over rising taxes on mobile phones, noting that these institutions have wrongly classified mobile phones as luxury items.

The chairman urged both the FBR and Tax Policy Office to review current tax rates on mobile phone........

© Dawn Business