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

Related articles

Samsung Fold8 Series Colors and Storage Leak

Samsung is expected to unveil its next generation of...

Jazz Launches Ziyarat Roaming Package

JazzWorld has introduced a new Ziyarat Offer for customers...

vivo X Fold6 Price Leak Revealed

vivo is getting ready to launch its new foldable...

Government Proposes Changes to Telecom Bill After Public Concerns

A committee formed by Prime Minister Shehbaz Sharif has...

Mobile Phone Manufacturer’s IPO Draws Strong Investor Response

ISLAMABAD: Zubair Kasuri: Pakistan’s growing mobile phone manufacturing sector...
spot_img