Thursday, April 24, 2025

FBR freezes Telenor bank accounts due to income tax default

The FBR blocks Telenor’s bank accounts Telenor because of its tax-related default that amounts to around Rs3.5 billion.

According to reliable information sources FBR has initiated a significant recuperation action for Telenor Pakistan (Pvt) Ltd due to its tax default on income that amounts to Rs3.5 billion.

The amount is due by Telenor to the Pakistani government Pakistan as tax arrears obligation from previous years which Telenor is unable to pay.

It has also known that all appellate courts and the Islamabad High Court has dismissed the appeals filed by Telenor and ordered the company to pay government’s dues. The Norwegian-based company as of march 28, 2022, was not willing to settle its debt and pay the owed amount to the exchequer of the nation.

spot_img

Subscribe

Related articles

PTCL Group continues to report double digit revenue growth in Q1 2025

Islamabad, April 21, 2025: Pakistan Telecommunication Company Limited (PTCL),...

TECNO CAMON 40: Personalized by AI, Perfected by Design

The TECNO CAMON 40 isn’t just smart it’s intelligently...

Advance Telecom Wins Big at Brand Awards Ceremony

In a special event, the Governor of Gilgit-Baltistan, Mr....

VGO TEL Mobile Wins Brand of the Year Award 2024

VGO TEL, a leading national mobile phone brand, has...
spot_imgspot_img